ESMA Updates Q&A on European Benchmarks Regulation

The Benchmarks Regulation (EU Regulation No 2016/1011) covers indices used as benchmarks in financial instruments and financial contracts or to measure the performance of investment funds. The purpose of this Q&A document is to promote common supervisory approaches and practices in the application of the Benchmarks Regulation. It provides responses to questions posed by the public, market participants, and competent authorities in relation to the practical application of the Benchmarks Regulation. The content of this document is aimed at competent authorities under the Regulation to ensure that in their supervisory activities their actions are converging along the lines of the responses adopted by ESMA. It also provides guidance to market participants by providing clarity on the Benchmarks Regulation requirements.

Related Links

• Press Release
• Q&A (PDF)
• Benchmarks Regulation (PDF)

Keywords: Europe, EU, Banking, Securities, Benchmarks Regulation, Q&A, €STR, Interest Rate Benchmarks, ESMA