The European Securities and Markets Authority has updated its Q&As on the Benchmarks Regulation (BMR). The Q&As now include two new answers on the following topics:
- Are EU index providers required to comply with the obligations laid down in the BMR before they are authorised or registered?
- Are supervised entities, other than administrators, required to have robust written plans for cessation or material changes of a benchmark and to reflect them in the contractual relationship with clients as of 1 January 2018?
View ESMA updates Q&As on Benchmarks Regulation, 14 December 2017