The European Securities and Markets Authority has published updated Q&As regarding the implementation of the Benchmarks Regulation (BMR). The Q&As include two new questions and answers on the following topics:
- the scope of the BMR: application of the BMR outside the EU; and
- transitional provisions applicable to third country benchmarks.
The purpose of the Q&As is to provide a practical convergence tool used to promote common supervisory approaches and practices in the application of the BMR.
View ESMA updates Q&As on Benchmarks Regulation, 8 November 2017