Monday, 5 February 2018

UK: FCA consults on EU Benchmarks Regulation implementation

The Financial Conduct Authority has published a consultation paper setting out proposed changes to its Handbook in respect of the changes introduced by the EU Benchmarks Regulation (EU 2016/1011) and the UK's Financial Services and Markets Act 2000 (Benchmarks) Regulations 2018: see here. The 2018 Regulations were laid before Parliament today, accompanied by an explanatory memorandum (here, pdf). Updated Q&As were also published yesterday by ESMA in respect of the EU Regulation: see here (pdf).

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