According to Article 37 of Regulation (EU) 2017/1131 of the European Parliament and of the Council of 14 June 2017 on money market funds (“MMFR”), the manager of a money market fund (“MMF”) must report certain information to the competent authority of the MMF.
On 4 May 2021, the CSSF published a “user guide concerning reporting under article 37 of the MMFR” (the “User Guide”) and a list of “MMFR Error Codes” on its website.
The purpose of these documents is to provide MMF with an explanation on recurring problems encountered with the MMFR reporting and the full list of ESMA error messages.
The User Guide inter alia provides for the deadline of the submission of the MMFR reports and the entity required to submit the MMF report.
The User Guide furthermore covers some more practical and technical aspects such as how the file should be named and gives further details and explanations as to what is exactly to be included in the report.
Finally, through the User Guide, the CSSF also reminds that it is performing some verifications on the information contained and filled in in the forms.