More MiFID II news – and the Benchmark Regulation
We are now "two days in" to MiFID II, and the industry is getting used to the "new world". Following yesterday's post (see here) there are more updates: Euronext has…
2018 begins – what does it have in store?
The 2018 working year starts today for most, which provides a good opportunity to consider the months ahead. Start of year The end of 2017 has been unsurprisingly busy, with…
Final draft Benchmark Regulation technical standards published
ESMA have published their final report which contains the draft RTS and ITS for the Benchmark Regulation. The rules govern the administration of and contribution to different categories of benchmark.…
What does 2017 have in store for us?
For many, today is the first working day of 2017, which is also the original start date of MiFID II, before it was delayed by a year. With an eventful…
European Council adopts text of Benchmark Regulation
The European Council have adopted the text of the Benchmark Regulation, which is another step towards it being published in the European Journal. It goes info effect 18 months later.…
Final text of Benchmark Regulation published
The European Parliament have published the final text of the Benchmark Regulation, which can be found here. The rules are intended to further regulate the management of benchmarks, in addition to the…
European Parliament approves benchmark regulation
The European Parliament has approved the new benchmark regulation, which aims to better regulate benchmarks used. It contains specific provisions for commodities benchmarks. A full report can be found here…
Benchmark regulation responses published
ESMA have published the responses to the recent discussion paper on the upcoming European benchmark regulations. The responses can be found here. Europex highlighted their response with their own announcement here.…
ESMA discussion paper and hearing on benchmark regulation
ESMA have issued this discussion paper regarding the upcoming benchmark regulation, which will amongst other things affect commodity benchmarks, primarily administrators of such benchmarks but in some cases also contributors.…
Benchmark legislation – FCA page
The new set of legislation around the management of benchmarks is moving towards entry into force, with the agreement last year between the trialogue around the legislation announced here on…