The No-Go-Zone!
Constant NAV funds have a no-go-zone under the Money Market Fund Regulation. They can either be 1 Euro (or 100 Euros - whatever the constant is.)
Or they can be at 0.998 Euros (99.80 cents) or lower. Between these two values the actual NAV is ignored and 1 Euro is published as the NAV! Take a look at the infographic!

#CNAV #ConstantNAV #CNAVVariation #ESMA #ACT #Treasurers
#MMFR #MMFreform, MMFRegulation #compliance #regtech #financialregulation,
#training #regulatorytraining #regulationtraining #londontraining #regtecpro #regtechpro #stratadigm