On 27 September 2018, ESMA published an updated version of its Questions and Answers (Q&As) on the Benchmarks Regulation (BMR).

The updated Q&As address:

  • systematic internalisers (BMR article (3)(1)(16));
  • certificates (BMR article (3)(1)(7));
  • NAV (BMR article (3)(1)(24));
  • endorsement applications (BMR article 33(1));
  • benchmark statements (BMR article 27); and
  • written plans features (BMR article 28(2)).

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