Preamble
Recitals 59
Chapter I - General provisions (Article 1-7) 7
Chapter II - Obligations concerning the investment policies of MMFs (Article 8-23) 16
Chapter III - Obligations concerning the risk management of MMFs (Article 24-28) 5
Chapter IV - Valuation rules (Article 29-33) 5
Chapter V - Specific requirements for public debt CNAV MMFs and LVNAV MMFs (Article 34) 1
Chapter VI - External support (Article 35) 1
Chapter VII - Transparency requirements (Article 36-37a) 3
Chapter VIII - Supervision (Article 38-43) 6
Chapter IX - Final provisions (Article 44-47) 4
Amending acts 3

weighted average life

Definitions over time (1)

01/01/2019 – today applies on 12/11/2026 Article 2, Regulation (EU) 2017/1131 Scope: Whole act Also: WAL

For the purposes of this Regulation, the following definitions apply:

‘weighted average life’ or ‘WAL’ means the average length of time to legal maturity of all of the underlying assets in the MMF reflecting the relative holdings in each asset;

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