All posts tagged "benchmark administrators"
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408EuropeESMA, FCA Agree MoU to Support Benchmark Recognition
The MoU establishes cooperation arrangements and enables ESMA to start recognising benchmarks administrators from the UK.
January 26, 2023 -
422ESG / SustainabilityESMA Calls for Relaxation of BMR Third-country Regime
The current regime could impair the competitiveness of EU investors and, more generally, the EU financial market when the transitional period expires.
August 24, 2022 -
299Australia & NZAustralia to Introduce Regulatory Reforms for FMIs
The new crisis management regime will allow the RBA to manage a failure at a domestic clearing and settlement facility, supported by a AUD 5 billion standing facility.
June 10, 2021 -
2.0KMarket InfrastructureMAS to Expand Scope of Mandatory Reference Check Regime
MAS proposes to expand the scope of FIs and employees subject to the mandatory reference checking regime. FIs will have to maintain records for all employees.
May 17, 2021 -
1.3KEurope
ESMA Seeks BMR Exemptions for Noncritical, Third-country Benchmarks
ESMA says BMR's wide scope has led to an unintended consequence whereby third-country benchmarks are not incentivised to keep providing their benchmarks in the EU.
February 18, 2020 -
602Australia & NZNew Zealand Consults on Options to Increase FMA Funding
Under the base case, the FMA needs an additional NZ$20mn in annual funding to respond to cost pressures brought on, in part, by the new financial advice regime.
February 3, 2020 -
5.4KAsia-PacificAsian Benchmark Administrators Face ‘Perfect Storm’ in 2021
The BMR transition period is now scheduled to end alongside LIBOR's discontinuation, creating a "perfect storm" of regulatory change for benchmark administrators and users at end-2021.
December 17, 2019 -
656Australia & NZAustralia Consults on Financial Market Infrastructure Regulatory Reforms
The proposed reforms will enhance the licensing and supervisory regime for financial market infrastructures and introduce a resolution regime for clearing and settlement facilities.
November 19, 2019 -
709JapanBOJ Calls for Applications from Aspiring Benchmark Administrators
The BOJ committee is soliciting entities that can begin calculating and publishing term structures based on JPY overnight index swaps as prototype rates.
October 31, 2019 -
2.2KAsia-PacificNo Time for Complacency Despite Two-Year BMR Reprieve
Third country benchmark administrators will need every bit of the additional time granted for BMR compliance to ensure their benchmarks get approved, say PwC’s Gregory Campbell and Daniela Bunea.
July 22, 2019
