![](https://mediapigeon-io.s3.eu-west-2.amazonaws.com/production/22/Rawpixeldotcom-people-waving-eu-flags-cropped.jpg)
ESMA updates Q&As on the BMR Transitional Provision
Published By Europa [English], Wed, Mar 31, 2021 2:25 AM
The QA’s further clarify the applicable transitional provisions for third-country benchmarks as set out in the BMR.
The purpose of this QA is to promote common supervisory approaches and practices in the application of BMR. It provides responses to questions posed by the general public, market participants and competent authorities in relation to the practical application of the BMR.
The content of this document is aimed at competent authorities under the Benchmarks Regulation to ensure that their supervisory activities are aligned with the common practices set out in the responses adopted by ESMA. The updated QA also provide guidance to market participants on BMR requirements.
Next steps
ESMA will continue to periodically review these QA and update them where required.
Further information:
Sarah Edwards
Communications Officer
✆ +33 (1)58 36 64 23
@ press@esma.europa.eu
Press release distributed by Media Pigeon on behalf of Europa, on Mar 31, 2021. For more information subscribe and follow