ESMA provides information on pending applications for benchmark administrators

The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, has today made available information on pending authorisation/registration applications by EU-based administrators under the Benchmark Regulation (BMR). 

The BMR became effective on 1 January 2018 and seeks to increase the robustness and reliability of financial benchmarks. The Regulation includes transitional arrangements for existing EU and third country benchmark administrators, allowing these administrators to apply for authorisation by...