China's Tighter MMF Regulations Won't Halt Sector Growth
Banking & Financial Services / China / Thu 05 Jul, 2018
China's latest tightening of regulations on money market funds (MMF) is unlikely to slow sector growth significantly, but should lower liquidity risks marginally, says Fitch Ratings. One effect of the changes will be to discourage retail clients from viewing and using their MMF investments like bank deposits, but there will be only a limited impact