ESMA updates Q&As on Benchmarks Regulation
17 July 2018
ESMA updated its Questions and Answers on the Benchmarks Regulation (BMR).
The updated BMR Q&As provide new answers regarding the following topics:
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Whether calculation agent should be considered users of benchmarks; and
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Whether a benchmark can be considered as ‘regulated-data benchmark’ if a third party is involved in the process of obtaining the data.
The purpose of these Q&As is to promote common supervisory approaches and practices in the application of BMR. It aims at providing investors and other market participants with clarifications on the applicable requirements.
Full Q&A
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