On 27 November 2014, the Presidency of the Council of the EU published its second compromise proposal (15299/14) relating to the proposed Regulation on Money Market Funds (MMF Regulation).

On 17 November 2014, the European Parliament's Committee on Economic and Monetary Affairs (ECON) published its draft report on the proposed MMF Regulation. ECON is due to consider the draft report in December 2014 and January 2015 and to vote in February 2015. The Parliament is scheduled to consider the MMF Regulation at its plenary session on 25 March 2015.

On 14 November 2014, the International Organization of Securities Commissions (IOSCO) issued a report prepared for the G20 leaders' summit in Brisbane, outlining its key preliminary findings relating to its peer review of regulation of money market funds (MMFs). This looks at member progress in adopting legislation, regulation and other policies relating to MMFs in a range of reform areas, including the regulatory definition of MMFs, valuation practices and liquidity management by MMFs, and the use of ratings by the MMF industry. The preliminary findings indicate, among other things, that most jurisdictions that participated in the review either have measures in force in all reform areas or are progressing towards that outcome.

The Financial Stability Board (FSB) published its global shadow banking monitoring report for 2014. The report provides a systematic account of the size, composition and trends of non-bank financial intermediation across the major global financial systems. It incudes MMFs in its remit. It forms the basis for the FSB to monitor the global shadow banking system. It includes end-2013 data from 25 jurisdictions and the euro area as a whole, bringing the coverage of the monitoring exercise to about 80% of global GDP and 90% of global financial system assets.