The MoU establishes cooperation arrangements and enables ESMA to start recognising benchmarks administrators from the UK.
January 26, 2023Index providers could be subject to SEBI's framework even if they do not know their indices are being used in India, and even if they are not regulated in their home market.
January 6, 2023The FCA proposes that the 1-, 3- and 6-month USD LIBOR settings will be published under a synthetic methodology until end September 2024.
November 24, 2022The prototype rate can be used in testing to prepare for the introduction of robust fallback language in EURIBOR contracts.
October 28, 2022ICE Benchmark Administration has been appointed as the calculation agent for EFTERM, which will launch on 14 November 2022.
October 12, 2022The current regime could impair the competitiveness of EU investors and, more generally, the EU financial market when the transitional period expires.
August 24, 2022Many non-EU benchmarks won't qualify under BMR in time for 31 December 2023, disproportionately impacting Asia exposures.
August 15, 2022BaFin found flaws in the processes used by Deutsche Bank to calculate EURIBOR between April 2019 and April 2020.
January 5, 2022The new versions of the Tokyo Swap Rate are designed to support the transition away from LIBOR and the adoption of new market conventions.
October 29, 2021The FCA said the current fallback language for credit sensitive rates puts market participants at risk of breaching their obligations under BMR.
September 30, 2021