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November 18, 2016

The European Securities and Markets Authority (ESMA) has finalised its technical advice to the European Commission on important aspects of future rules for benchmarks.

In particular, ESMA provides advice on:

  • how benchmarks’ reference values can be calculated by...

September 2, 2016

“…necessary to include a power for the relevant competent authority to require mandatory contributions from supervised entities to critical benchmarks in order to preserve the credibility of the benchmark in question.”

The systemic importance of financial benchmarks in...

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Future Rules for Financial Benchmarks

November 18, 2016

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