Regulatory Alerts2023-09-28
Regulation to amend Regulation 25-102 respecting Designated Benchmarks and Benchmark Administrators
The Minister of Finance approved Regulation 25-102 respecting Designated Benchmarks and Benchmark Administrators, issued by the Autorité des marchés financiers under the Securities Act. The regulation introduces a new category for designated commodity benchmarks and establishes specific exemptions from existing provisions for regulated-data and dual-designated benchmarks. It mandates rigorous control frameworks, methodology standards, and transparency requirements for the administration of these commodity benchmarks to ensure integrity and reliability.
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