FCA publishes ESMA statement on transitional provisions for the EU Benchmark Regulation

FCA has updated its webpage to include a set of questions and answers published by ESMA on the transitional provisions for the EU Benchmark Regulation (BMR).

FCA says this is an important clarification for the industry and will inform decisions on when a firm should apply for authorisation or registration during the period January 2018 to December 2019.

FCA welcomes responses to its consultation on the proposed changes to its Handbook in light of the BMR until 22 August 2017.