Published: 05 September 2017
Although it has not received as much attention as MiFID II, the Benchmarks Regulation (BMR) sets out to address problems of integrity raised in the much-publicized Libor scandal, when banks were accused of rigging the important benchmark.
To avoid future manipulation of benchmarks, the BMR introduces a regime designed to improve quality and control of benchmarks, and protect consumers and investors.
This white paper addresses the fast approaching deadline for Europe's Benchmarks Regulation. It further provides guidance and information from the regulator to help organisations ensure compliance from January 2018.