On 2 October 2020, the European Securities and Markets Authority announced it was updating the validations of the technical instructions for reporting under the Money Market Funds Regulation (MMF Regulation).

ESMA states that the changes being made are not related to the published XML schemas, rather they add new warning type validations or provide clarifications on existing validation rules in order to fix inconsistencies or ease the understanding of the rules.

For the MMF Managers the time for submission of the first quarterly reports to Member State national competent authorities is still September 2020, when the MMF managers will have to submit a report for both Q1 and Q2 reporting periods