How is bmr regulated

Endorsement of benchmarks provided in third country. ESMA review of recognitions and endorsements granted. Administrative sanctions and other administrative measures. Exercise of supervisory powers and imposition of sanctions. Co-operation with ESMA and professional secrecy. Low Carbon Benchmarks Regulation review and report. European Commission consultation on BMR review. Commission inception impact assessment: urgent BMR amendments. It is intended to improve governance and controls over the benchmark process, particularly in relation to conflicts of interest, and improve the quality of input data and methodologies.

The Benchmark Regulation covers each stage of the benchmark process, setting out requirements in relation to providers of benchmarks referred to as benchmark administrators , contributors of input data to a benchmark and users of benchmarks.

The Benchmark Regulation covers benchmarks referenced in financial instruments traded on trading venues, benchmarks referenced in mortgage and consumer credit contracts, and benchmarks measuring of the performance of an investment fund. Ashurst has developed this portal to help you navigate and stay up to speed with the Benchmark Regulation. Our relevant experience includes the following:. Includes legislation currently in force, as well as draft delegated regulations and RTS.

We bring together lawyers of the highest calibre with the technical knowledge, industry experience and regional know-how to provide the incisive advice our clients need. The information provided is not intended to be a comprehensive review of all developments in the law and practice, or to cover all aspects of those referred to.

Readers should take legal advice before applying it to specific issues or transactions. We use cookies to improve your experience on our website. The Benchmarks Regulation also introduces greater responsibility for contributors of input data to administrators and for users of benchmarks.

Questions from the media are considered a high priority. We supervise the financial markets. Menu Financial stability. Consumer protection.

Apply for authorisation. Money Laundering. Derivatives trade EMIR.