Regulatory Alerts2019-08-01
CSSF Circular 19/728 — ESMA Guidelines on non-significant benchmarks under the Benchmarks Regulation
The European Securities and Markets Authority (ESMA) issued guidelines to clarify the application of the Benchmarks Regulation to non-significant benchmarks. The Circular CSSF 19/728 disseminates these guidelines to ensure consistent implementation by supervised entities in Luxembourg. These measures aim to enhance the reliability and integrity of benchmark data used in financial instruments and contracts.
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