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Reg rageNovember 21 2018

EU benchmarks regulation risks further fragmentation

The EU’s benchmarks regulation is accused of risking the further fragmentation of global markets as it will potentially make it harder for EU-based firms to use non-EU benchmarks for everything from investing to hedging. Justin Pugsley reports.
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What is happening?

The EU’s benchmarks regulation (BMR), which goes fully live on January 1, 2020, comes with an onerous set of obligations that are designed to make benchmarks more robust and trustworthy.

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