Regulatory Alerts2021-07-08
Regulation 25-102 respecting Designated Benchmarks and Benchmark Administrators
The Minister of Finance approved Regulation 25-102, issued by the Autorité des marchés financiers, to establish comprehensive regulatory requirements for designated benchmark administrators and their designated benchmarks. The regulation mandates strict governance, accountability, and control frameworks, including the appointment of compliance officers and the implementation of robust policies to ensure integrity and mitigate conflicts of interest. It further imposes detailed delivery obligations for organizational information, financial statements, and benchmark methodology data to securities regulators to enhance transparency and oversight.
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