ESMA updates Q&As on the Benchmarks Regulation

ESMA Guidelines and Recommendations
All Articles in this Issue
Date: 06 October 2017

On 29 September 2017, the European Securities and Markets Authority (ESMA) published updated Questions and Answers (Q&As) regarding the implementation of the Benchmarks Regulation (BMR).

The Q&A include four new answers regarding the following topics of the BMR:

  • Scope of the BMR: (i) Application of the BMR to EU and third country central banks; (ii) Exemption on single reference price.
  • Definitions of the BMR: (i) “family of benchmarks”, (ii) “use of a benchmark”