2019-11-28

Added 2026-06-23 · Updated 2026-07-08

PS20/5: Extending the Senior Managers Regime to benchmark administrators: final rules

The Financial Conduct Authority issued PS20/5 to finalize rules extending the Senior Managers Regime to benchmark administrators. These regulations impose specific accountability and conduct requirements on individuals responsible for the administration of benchmarks. The regime officially came into force for benchmark administrators on 7 December 2020.

United Kingdom

Financial Conduct Authority

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Open consultation: CP19/31

29/11/2019

Consultation closes

28/02/2020

PS20/5

02/06/2020

SMR comes into force for benchmark administrators

07/12/2020

07/12/2020