ESMA published the updated Questions and Answers (Q&A) document on implementation of the Benchmarks Regulation (BMR). ESMA will periodically review these Q&A and update them as required.
The Q&A include four new answers on the following BMR-related topics:
- Scope of BMR. Application of the BMR to EU and third-country central banks and Exemption on single reference price
- Definitions of BMR. “Family of benchmarks” and “Use of a benchmark”
This document is intended to be a practical convergence tool for promoting common supervisory approaches and practices in the application of BMR. It should also help investors and other market participants by providing clarity on the requirements.
Related Link: Q&A on BMR (PDF)
Keywords: Europe, EU, Securities, Benchmarks Regulation, Q&A, Scope, Definition, ESMA
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