Regulatory Alerts2024-07-30
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FSCA Communication 26 of 2024 (FM) on Financial Benchmarks Index and Thresholds
The Financial Sector Conduct Authority (FSCA) published a Discussion Document to determine an index and establish thresholds for classifying financial benchmarks as critical or significant. Building on a 2023 regulatory review, the proposal outlines categorization criteria under a Draft Conduct Standard to standardize benchmark supervision. Interested parties must submit structured comments via email by 10 September 2024 to finalize these regulatory determinations.
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