Tuesday February 6 2018

News Source: Global Exchanges

Focus: Other

Type: General




On 5th February 2018, the European Securities and Markets Authority (ESMA) updated its Questions and Answers (Q&As) regarding the implementation of the Benchmarks Regulation (BMR).

The Q&As include two new answers regarding the following topics:

  • Commodity benchmarks: how the threshold in the exemption under Article 2(2)(g) of BMR should be calculated; and
  • Definition of a benchmark and investment funds: clarification of the cases in which a benchmark is used to measure the performance of an investment fund.

ESMA will periodically review these Q&As and update them where required.

For additional information please click the link above.