ESMA and the UK FCA agree MOU on the recognition of UK benchmark administrators in the EU
Securities Markets Regulation
Date:
03 February 2023
On 25 January 2023, the European Securities and Markets Authority (ESMA) and the UK Financial Conduct Authority (FCA) have agreed a new Memorandum of Understanding (MoU) regarding cooperation and the exchange of information with respect to benchmark administrators based in the UK. The MoU concerns benchmark administrators who seek recognition or are recognised in the EU.