The European Benchmarks Regulation (BMR) comes into force January 2020, but the costly and complicated compliance process means big problems for ‘third country’ benchmarks, which could be exacerbated by the UK’s divorce from the European Union in March this year.
The BMR targets conflicts of interest within benchmarks, specifically due to Libor and Euribor submission scandals. The regulation aims for stringent governance practices governing benchmark administrators and the data methodologies
Julie Lerner joins to talk about the hemp market and PanXchange's launch of a hemp exchange.Subscribe to Weekly Wrap emails
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