10.2 C
Friday, March 24, 2023

ESMA updates Q&A on Benchmarks Regulation

DISCLAIMER: Information and opinions reproduced in the articles are the ones of those stating them and it is their own responsibility. Publication in The European Times does not automatically means endorsement of the view, but the right to express it.

The Q&As provide clarification on transitional provisions of the Regulation regarding critical benchmarks.

The purpose of this Q&A is to promote common supervisory approaches and practices in the application of the BMR. It provides responses to questions posed by the general public, market participants and competent authorities in relation to the practical application of the BMR. The content of this document is aimed at competent authorities under the Regulation to ensure that their supervisory activities are aligned with the common practices set out in the responses adopted by ESMA. The updated Q&As also provide guidance to market participants on BMR requirements.

Next steps

ESMA will periodically review these Q&A and update them where required.

- Advertisement -

More from the author

- Advertisement -

Must read

- Advertisement -

Latest articles