ESMA News

ESMA UPDATES BREXIT STATEMENT ON PROVISIONS OF THE BENCHMARK REGULATION (BMR)

Today’s update concerns ESMA’s previous statements that were issued in March and October 2019 as well as in October 2020, respectively. The latest update specifies the EU’s regulatory approach towards UK-based third country benchmarks as well as UK endorsed and recognised benchmarks.

The October 2020 statement needed to be revised as the EU BMR transitional provision had been updated in the context of the recent BMR reform.

Original Article Here

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