ESMA updates benchmarks Q&As on third country issues
ESMA Guidelines and Recommendations
Date:
20 November 2017
On 8 November 2017, the European Securities and Markets Authority (ESMA) published updated Questions and Answers (Q&As) regarding the implementation of the Benchmarks Regulation (BMR).
The Q&A include two new answers regarding the following topics:
- Scope of the BMR: Application of the BMR outside the EU; and
- Transitional provisions: Transitional provisions applicable to third country benchmarks.