{
  "url": "https://openlegislation.uk/eu-regulation-2017-1131",
  "json_url": "https://openlegislation.uk/eu-regulation-2017-1131.json",
  "id": "eur/2017/1131",
  "title": "Regulation (EU) 2017/1131 of the European Parliament and of the Council of 14 June 2017 on money market funds (Text with EEA relevance)",
  "short_title": "Regulation (EU) 2017/1131 on money market funds",
  "long_title": "Regulation (EU) 2017/1131 of the European Parliament and of the Council of 14 June 2017 on money market funds (Text with EEA relevance)",
  "citation": "EU Regulation 2017/1131",
  "type": "eur",
  "year": "2017",
  "number": "1131",
  "version": "current",
  "date": "2017-06-14",
  "revised": false,
  "valid_from": null,
  "extent": "E+W+S+N.I.",
  "unapplied_effects": 1,
  "provisions": [
    {
      "path": "introduction",
      "kind": "introduction",
      "number": null,
      "heading": "Introductory text",
      "url": "https://openlegislation.uk/eu-regulation-2017-1131/introduction",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": null
    },
    {
      "path": "chapter/I",
      "kind": "chapter",
      "number": "I",
      "heading": "General provisions",
      "url": null,
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": null
    },
    {
      "path": "article/1",
      "kind": "article",
      "number": "1",
      "heading": "Subject matter and scope",
      "url": "https://openlegislation.uk/eu-regulation-2017-1131/article-1",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/I"
    },
    {
      "path": "article/2",
      "kind": "article",
      "number": "2",
      "heading": "Definitions",
      "url": "https://openlegislation.uk/eu-regulation-2017-1131/article-2",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/I"
    },
    {
      "path": "article/2a",
      "kind": "article",
      "number": "2a",
      "heading": "Conditions for money market instruments and transferable securities",
      "url": "https://openlegislation.uk/eu-regulation-2017-1131/article-2a",
      "extent": null,
      "status": null,
      "parent": "chapter/I"
    },
    {
      "path": "article/3",
      "kind": "article",
      "number": "3",
      "heading": "Types of MMFs",
      "url": "https://openlegislation.uk/eu-regulation-2017-1131/article-3",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/I"
    },
    {
      "path": "article/4",
      "kind": "article",
      "number": "4",
      "heading": "Authorisation of MMFs",
      "url": "https://openlegislation.uk/eu-regulation-2017-1131/article-4",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/I"
    },
    {
      "path": "article/4A",
      "kind": "article",
      "number": "4A",
      "heading": "Approval of country or territory",
      "url": "https://openlegislation.uk/eu-regulation-2017-1131/article-4A",
      "extent": null,
      "status": null,
      "parent": "chapter/I"
    },
    {
      "path": "article/5",
      "kind": "article",
      "number": "5",
      "heading": "Procedure for authorising MMFs that are AIFs",
      "url": "https://openlegislation.uk/eu-regulation-2017-1131/article-5",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/I"
    },
    {
      "path": "article/6",
      "kind": "article",
      "number": "6",
      "heading": "Use of designation as MMF",
      "url": "https://openlegislation.uk/eu-regulation-2017-1131/article-6",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/I"
    },
    {
      "path": "article/7",
      "kind": "article",
      "number": "7",
      "heading": "Applicable rules",
      "url": "https://openlegislation.uk/eu-regulation-2017-1131/article-7",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/I"
    },
    {
      "path": "chapter/II",
      "kind": "chapter",
      "number": "II",
      "heading": "Obligations concerning the investment policies of MMFs",
      "url": null,
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": null
    },
    {
      "path": "chapter/II/section/I",
      "kind": "section",
      "number": "I",
      "heading": "General rules and eligible assets",
      "url": null,
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/II"
    },
    {
      "path": "article/8",
      "kind": "article",
      "number": "8",
      "heading": "General principles",
      "url": "https://openlegislation.uk/eu-regulation-2017-1131/article-8",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/II/section/I"
    },
    {
      "path": "article/9",
      "kind": "article",
      "number": "9",
      "heading": "Eligible assets",
      "url": "https://openlegislation.uk/eu-regulation-2017-1131/article-9",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/II/section/I"
    },
    {
      "path": "article/10",
      "kind": "article",
      "number": "10",
      "heading": "Eligible money market instruments",
      "url": "https://openlegislation.uk/eu-regulation-2017-1131/article-10",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/II/section/I"
    },
    {
      "path": "article/11",
      "kind": "article",
      "number": "11",
      "heading": "Eligible securitisations and ABCPs",
      "url": "https://openlegislation.uk/eu-regulation-2017-1131/article-11",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/II/section/I"
    },
    {
      "path": "article/12",
      "kind": "article",
      "number": "12",
      "heading": "Eligible deposits with credit institutions",
      "url": "https://openlegislation.uk/eu-regulation-2017-1131/article-12",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/II/section/I"
    },
    {
      "path": "article/13",
      "kind": "article",
      "number": "13",
      "heading": "Eligible financial derivative instruments",
      "url": "https://openlegislation.uk/eu-regulation-2017-1131/article-13",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/II/section/I"
    },
    {
      "path": "article/14",
      "kind": "article",
      "number": "14",
      "heading": "Eligible repurchase agreements",
      "url": "https://openlegislation.uk/eu-regulation-2017-1131/article-14",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/II/section/I"
    },
    {
      "path": "article/15",
      "kind": "article",
      "number": "15",
      "heading": "Eligible reverse repurchase agreements",
      "url": "https://openlegislation.uk/eu-regulation-2017-1131/article-15",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/II/section/I"
    },
    {
      "path": "article/16",
      "kind": "article",
      "number": "16",
      "heading": "Eligible units or shares of MMFs",
      "url": "https://openlegislation.uk/eu-regulation-2017-1131/article-16",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/II/section/I"
    },
    {
      "path": "chapter/II/section/II",
      "kind": "section",
      "number": "II",
      "heading": "Provisions on investment policies",
      "url": null,
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/II"
    },
    {
      "path": "article/17",
      "kind": "article",
      "number": "17",
      "heading": "Diversification",
      "url": "https://openlegislation.uk/eu-regulation-2017-1131/article-17",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/II/section/II"
    },
    {
      "path": "article/18",
      "kind": "article",
      "number": "18",
      "heading": "Concentration",
      "url": "https://openlegislation.uk/eu-regulation-2017-1131/article-18",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/II/section/II"
    },
    {
      "path": "chapter/II/section/III",
      "kind": "section",
      "number": "III",
      "heading": "Credit quality of money market instruments, securitisations and ABCPs",
      "url": null,
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/II"
    },
    {
      "path": "article/19",
      "kind": "article",
      "number": "19",
      "heading": "Internal credit quality assessment procedure",
      "url": "https://openlegislation.uk/eu-regulation-2017-1131/article-19",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/II/section/III"
    },
    {
      "path": "article/20",
      "kind": "article",
      "number": "20",
      "heading": "Internal credit quality assessment",
      "url": "https://openlegislation.uk/eu-regulation-2017-1131/article-20",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/II/section/III"
    },
    {
      "path": "article/21",
      "kind": "article",
      "number": "21",
      "heading": "Documentation",
      "url": "https://openlegislation.uk/eu-regulation-2017-1131/article-21",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/II/section/III"
    },
    {
      "path": "article/22",
      "kind": "article",
      "number": "22",
      "heading": "Delegated acts for the credit quality assessment",
      "url": "https://openlegislation.uk/eu-regulation-2017-1131/article-22",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/II/section/III"
    },
    {
      "path": "article/23",
      "kind": "article",
      "number": "23",
      "heading": "Governance of the credit quality assessment",
      "url": "https://openlegislation.uk/eu-regulation-2017-1131/article-23",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/II/section/III"
    },
    {
      "path": "chapter/III",
      "kind": "chapter",
      "number": "III",
      "heading": "Obligations concerning the risk management of MMFs",
      "url": null,
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": null
    },
    {
      "path": "article/24",
      "kind": "article",
      "number": "24",
      "heading": "Portfolio rules for short-term MMFs",
      "url": "https://openlegislation.uk/eu-regulation-2017-1131/article-24",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/III"
    },
    {
      "path": "article/25",
      "kind": "article",
      "number": "25",
      "heading": "Portfolio rules for standard MMFs",
      "url": "https://openlegislation.uk/eu-regulation-2017-1131/article-25",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/III"
    },
    {
      "path": "article/26",
      "kind": "article",
      "number": "26",
      "heading": "MMF credit ratings",
      "url": "https://openlegislation.uk/eu-regulation-2017-1131/article-26",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/III"
    },
    {
      "path": "article/27",
      "kind": "article",
      "number": "27",
      "heading": "‘Know your customer’ policy",
      "url": "https://openlegislation.uk/eu-regulation-2017-1131/article-27",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/III"
    },
    {
      "path": "article/28",
      "kind": "article",
      "number": "28",
      "heading": "Stress testing",
      "url": "https://openlegislation.uk/eu-regulation-2017-1131/article-28",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/III"
    },
    {
      "path": "chapter/IV",
      "kind": "chapter",
      "number": "IV",
      "heading": "Valuation rules",
      "url": null,
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": null
    },
    {
      "path": "article/29",
      "kind": "article",
      "number": "29",
      "heading": "Valuation of MMFs",
      "url": "https://openlegislation.uk/eu-regulation-2017-1131/article-29",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/IV"
    },
    {
      "path": "article/30",
      "kind": "article",
      "number": "30",
      "heading": "Calculation of NAV per unit or share",
      "url": "https://openlegislation.uk/eu-regulation-2017-1131/article-30",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/IV"
    },
    {
      "path": "article/31",
      "kind": "article",
      "number": "31",
      "heading": "Calculation of the constant NAV per unit or share of public debt CNAV MMFs",
      "url": "https://openlegislation.uk/eu-regulation-2017-1131/article-31",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/IV"
    },
    {
      "path": "article/32",
      "kind": "article",
      "number": "32",
      "heading": "Calculation of the constant NAV per unit or share of LVNAV MMFs",
      "url": "https://openlegislation.uk/eu-regulation-2017-1131/article-32",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/IV"
    },
    {
      "path": "article/33",
      "kind": "article",
      "number": "33",
      "heading": "Issue and redemption price",
      "url": "https://openlegislation.uk/eu-regulation-2017-1131/article-33",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/IV"
    },
    {
      "path": "chapter/V",
      "kind": "chapter",
      "number": "V",
      "heading": "Specific requirements for public debt CNAV MMFs and LVNAV MMFs",
      "url": null,
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": null
    },
    {
      "path": "article/34",
      "kind": "article",
      "number": "34",
      "heading": "Specific requirements for public debt CNAV MMFs and LVNAV MMFs",
      "url": "https://openlegislation.uk/eu-regulation-2017-1131/article-34",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/V"
    },
    {
      "path": "chapter/VI",
      "kind": "chapter",
      "number": "VI",
      "heading": "External support",
      "url": null,
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": null
    },
    {
      "path": "article/35",
      "kind": "article",
      "number": "35",
      "heading": "External support",
      "url": "https://openlegislation.uk/eu-regulation-2017-1131/article-35",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/VI"
    },
    {
      "path": "chapter/VII",
      "kind": "chapter",
      "number": "VII",
      "heading": "Transparency requirements",
      "url": null,
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": null
    },
    {
      "path": "article/36",
      "kind": "article",
      "number": "36",
      "heading": "Transparency",
      "url": "https://openlegislation.uk/eu-regulation-2017-1131/article-36",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/VII"
    },
    {
      "path": "article/37",
      "kind": "article",
      "number": "37",
      "heading": "Reporting to the FCA",
      "url": "https://openlegislation.uk/eu-regulation-2017-1131/article-37",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/VII"
    },
    {
      "path": "chapter/VIII",
      "kind": "chapter",
      "number": "VIII",
      "heading": "Supervision",
      "url": null,
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": null
    },
    {
      "path": "article/38",
      "kind": "article",
      "number": "38",
      "heading": "Supervision by the FCA",
      "url": "https://openlegislation.uk/eu-regulation-2017-1131/article-38",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/VIII"
    },
    {
      "path": "article/39",
      "kind": "article",
      "number": "39",
      "heading": "Powers of competent authorities",
      "url": "https://openlegislation.uk/eu-regulation-2017-1131/article-39",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/VIII"
    },
    {
      "path": "article/40",
      "kind": "article",
      "number": "40",
      "heading": "Penalties and other measures",
      "url": "https://openlegislation.uk/eu-regulation-2017-1131/article-40",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "chapter/VIII"
    },
    {
      "path": "article/41",
      "kind": "article",
      "number": "41",
      "heading": "Specific measures",
      "url": "https://openlegislation.uk/eu-regulation-2017-1131/article-41",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/VIII"
    },
    {
      "path": "article/42",
      "kind": "article",
      "number": "42",
      "heading": "Powers and competences of ESMA",
      "url": "https://openlegislation.uk/eu-regulation-2017-1131/article-42",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "chapter/VIII"
    },
    {
      "path": "article/43",
      "kind": "article",
      "number": "43",
      "heading": "Cooperation between authorities",
      "url": "https://openlegislation.uk/eu-regulation-2017-1131/article-43",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "chapter/VIII"
    },
    {
      "path": "chapter/IX",
      "kind": "chapter",
      "number": "IX",
      "heading": "Final provisions",
      "url": null,
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": null
    },
    {
      "path": "article/44",
      "kind": "article",
      "number": "44",
      "heading": "Treatment of existing UCITS and AIFs",
      "url": "https://openlegislation.uk/eu-regulation-2017-1131/article-44",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "chapter/IX"
    },
    {
      "path": "article/45",
      "kind": "article",
      "number": "45",
      "heading": "Regulations",
      "url": "https://openlegislation.uk/eu-regulation-2017-1131/article-45",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/IX"
    },
    {
      "path": "article/46",
      "kind": "article",
      "number": "46",
      "heading": "Review",
      "url": "https://openlegislation.uk/eu-regulation-2017-1131/article-46",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "chapter/IX"
    },
    {
      "path": "article/47",
      "kind": "article",
      "number": "47",
      "heading": "Entry into force",
      "url": "https://openlegislation.uk/eu-regulation-2017-1131/article-47",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/IX"
    },
    {
      "path": "signature",
      "kind": "signature",
      "number": null,
      "heading": "Signature",
      "url": "https://openlegislation.uk/eu-regulation-2017-1131/signature",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": null
    },
    {
      "path": "annex/1",
      "kind": "annex",
      "number": "1",
      "heading": "Eligible units or shares",
      "url": null,
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "annex/1/1",
      "kind": "article",
      "number": "1.",
      "heading": null,
      "url": "https://openlegislation.uk/eu-regulation-2017-1131/annex-1/1",
      "extent": null,
      "status": null,
      "parent": "annex/1"
    },
    {
      "path": "annex/1/2",
      "kind": "article",
      "number": "2.",
      "heading": null,
      "url": "https://openlegislation.uk/eu-regulation-2017-1131/annex-1/2",
      "extent": null,
      "status": null,
      "parent": "annex/1"
    },
    {
      "path": "annex/1/3",
      "kind": "article",
      "number": "3.",
      "heading": null,
      "url": "https://openlegislation.uk/eu-regulation-2017-1131/annex-1/3",
      "extent": null,
      "status": null,
      "parent": "annex/1"
    },
    {
      "path": "annex/1/4",
      "kind": "article",
      "number": "4.",
      "heading": null,
      "url": "https://openlegislation.uk/eu-regulation-2017-1131/annex-1/4",
      "extent": null,
      "status": null,
      "parent": "annex/1"
    }
  ],
  "outstanding_effects": [
    {
      "type": "revoked",
      "affected_provisions": "Regulation",
      "affecting": "ukpga/2023/29",
      "affecting_title": "Financial Services and Markets Act 2023",
      "affecting_provisions": "Sch. 1 Pt. 1"
    }
  ],
  "made_under": [],
  "changes_made_to": 158,
  "changes_made_to_url": "https://openlegislation.uk/eu-regulation-2017-1131/changes.json",
  "changes_made_by": 0,
  "changes_made_by_url": "https://openlegislation.uk/eu-regulation-2017-1131/changes/by-it.json",
  "instruments_made_under": 0,
  "instruments_made_under_url": "https://openlegislation.uk/eu-regulation-2017-1131/instruments.json",
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/eur/2017/1131",
    "retrieved_at": "2026-11-01T14:44:50.790873+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}