IMMFA Members are bound by a set of Principles of Best Practice, the objective of which is to protect investors by requiring high and consistent standards in the management of IMMFA funds. The Principles of Best Practice are adhered to voluntarily by IMMFA members.
After the introduction of new European legislation for MMFs, implemented in 2019, IMMFA replaced the IMMFA Code with the IMMFA Principles of Best Practice. This was because many of the standards in the Code were incorporated in the new regulation.
IMMFA continues to be recognised as the quality label for the money market fund industry. By establishing a set of dynamic Principles of Best Practice, we continue to support the objectives of high standards and consistency of information in IMMFA funds.