ESMA has published updated Q&As regarding the implementation of the Benchmarks Regulation.
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.
This document should also help investors and other market participants by providing clarity on the requirements. ESMA will periodically review these Q&A and update them where required.
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