Analyses & décryptages
Proposed Amendments to the EU Benchmarks Regulation
On 24 July 2020, the European Commission published a proposal for amending Regulation (EU) 2016/1011 on indices used as benchmarks in financial instruments and financial contracts or to measure the performance of investment funds (the « EU Benchmarks Regulation »).
The proposal aims notably at granting new powers to the European Commission to facilitate the transition of « tough legacy » contracts to replacement benchmarks.
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