Regulation of benchmarks

Benchmarks Regulation

Regulation (EU) 2016/1011 (the EU Benchmarks Regulation) and Assimilated Regulation (EU) 2016/1011 (the UK Benchmarks Regulation) aim to protect investors and regain consumer confidence in the indices used as benchmarks in financial instruments and financial contracts or to measure the performance of investment funds and the benchmark setting process. The EU Benchmarks Regulation and the UK Benchmarks Regulation also seek to address the issue of transparency in all aspects of benchmarks allowing users of a benchmark to make the most appropriate economic decisions.

For information on the EU Benchmarks Regulation and the UK Benchmarks Regulation, see Practice Notes:

1. •

   UK Benchmarks Regulation—one minute guide

2. •

   The Benchmarks Regulation—level 2 and level 3 measures and other resources, and

3. •

   Benchmarks Regulation—timeline [Archived]

Financial Services and Markets Act 2000 (Benchmarks) Regulations 2018, SI 2018/135

The Financial Services and Markets Act 2000 (Benchmarks) Regulations 2018, SI 2018/135, as amended by the Financial Services and Markets Act 2000 (Benchmarks) (Amendment) Regulations 2019, SI 2019/1256, grants the FCA certain additional