Regulatory Alerts2026-05-05
Regulation 25-102 Respecting Designated Benchmarks and Benchmark Administrators
The securities regulatory authority in Québec has issued Regulation 25-102 to establish a comprehensive regulatory framework for designated benchmark administrators and the benchmarks they administer. The regulation mandates strict governance, accountability, and control frameworks, including the appointment of compliance officers and the submission of detailed organizational and financial information to regulators. It further defines specific criteria for designating critical, interest rate, commodity, and regulated-data benchmarks to ensure market integrity and financial stability.
Share