Clarifications to Key Concepts Under The EU Benchmarks Regulation

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The European Commission is consulting on delegated acts clarifying the meaning of certain key terms.

On 22 June 2017, the Commission published four draft delegated acts under the EU Benchmarks Regulation (BMR). These acts build on the technical advice provided by ESMA in November 2016 and are intended to clarify certain key terms used in the BMR, to try to ensure consistent interpretation and application of the Regulation across the EU.

Please see full publication below for more information.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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