LONDON (Reuters) – Money market funds, which came under severe stress when economies went into lockdown to fight COVID-19 two years ago, may have underlying vulnerabilities that need addressing, Britain’s financial regulators said on Monday.
The Financial Conduct Authority and the Bank of England published a discussion paper on potential reforms of the sector, saying there is concern that threats to financial stability remain.
(Reporting by Huw Jones; Editing by Edmund Blair)
