The proposed new rules are expected to be negotiated among the European institutions throughout 2025.
The European Parliament and the Council have finalised the review of the Benchmarks Regulation (BMR), after reaching a political agreement in December. BMR has achieved its objectives as it has ensured that benchmarks are calculated more accurately than before The revamped rules are aimed at striking a balance between reducing the burden on EU administrators and users of benchmarks, while still ensuring the ‘robustness and reliability’ of benchmarks used and p