Money Market Funds in the EU and the US Regulation and Practice

by Baklanova, Viktoria; Tanega, Joseph

• ISBN13: 9780199687251
• ISBN10: 0199687250
• Format: Hardcover
• Copyright: 2014-05-06
• Publisher: Oxford University Press

Author Biography

Viktoria Baklanova, Senior Director, Fitch Ratings (New York),Joseph Tanega, Reader in International Financial Law, University of Westminster, School of Law School, Department of Advanced Legal Studies

Dr Viktoria Baklanova, CFA, PRM, Chief Credit Officer at Acacia Capital. Dr. Baklanova is a seasoned capital markets, risk and credit professional, joining Acacia Capital from Fitch Ratings in New York where since 2006 she was a Senior Director in the Fund and Asset Manager Rating Group. Dr. Baklanova's experience prior to Fitch includes 6 years with Moody's Investor Service rating money market funds, bond funds, local government pools and senior securities issued by closed end funds. Dr. Baklanova received her PhD in Finance Law from the University of Westminster Law School in London, her MS in Finance from the Zicklin School of Business at Baruch College, and her Bachelor's Degree in Mathematics with a Minor in Computer Science from the Novosibirsk State University in Russia. She completed an advanced Financial Engineering program at Columbia University in New York, and is a Chartered Financial Analyst. She speaks widely at money market industry conferences and forums.

Joseph Tanega, BA Princeton University, MPhil Oxon, Juris Doctor, is Reader of International Financial Law, Westminster School of Law, University of Westminster, Professor of Regulation and Supervision of Retail Banking, Alma Graduate School, University of Bologna, Professor of Law and Finance, Grenoble Graduate School of Business, Grenoble Ecole de Management, and Professor of Law, King Abdulaziz University, Jeddah. He is Director of the Corporate Finance Law LLM & PhD programmes at the University of Westminster.

Table of Contents

1. Introduction, Dr Viktoria Baklanova, Prof Joseph Tanega, and Prof Edmond Curtin
PART 1: MONEY MARKET FUNDS IN THE EU
2. Rationale for European Money Market Funds: Background and Industry Structure, Igor Axenov, CFA
3. European Regulatory Framework of Money Market Funds, Prof Iain MacNeil and Dr Aurelien Portuese
PART 2: MONEY MARKET FUNDS IN THE US
4. Rationale for the US Money Market Funds: the People against the Bankers, Matthew Fink
5. US Regulatory Framework for Money Market Funds, Brian M. Kaplowitz
6. Types of Money Market Mutual Funds in the United States, Ken Anadu
PART 3: COMPARATIVE ANALYSIS
7. Comparative Analysis of the US and the EU Regulatory Models for Money Market Funds, Dr Viktoria Baklanova, CFA and Prof Joseph Tanega
8. Money Market Fund Ratings, Henry Shilling
9. Money Market Funds outside the US and the EU, Dr Viktoria Baklanova, CFA and Prof Joseph Tanega
10. Systemic Risk Regulation and Money Market Funds, Dr Elias Bengtsson