Your Benchmarks Regulations (BMR) Questionnaire
Welcome to the RIMES Benchmarks Regulation Questionnaire for asset managers, asset servicers, and insurance companies. This Questionnaire has been created to help you establish whether the indices that you are using as references are considered as Benchmarks under the new Benchmarks Regulation (BMR) regime.
Under the new Benchmarks Regulation entered into force in 30th June 2016 and its application starts on the 1st of January 2018. Complete the questionnaire to establish whether the indices that you are using as references are considered as Benchmarks under the new Benchmarks Regulations (BMR) regime.
This new regulation has been created to:
- Manage conflict of interest inherent to certain investment processes
- Prevent supervised entities (including fund managers) from using unregulated benchmarks in the EU
- Improve governance and controls over the benchmark process
- Protect consumers and investors through greater transparency and adequate rights of redress
There are six questions and it should take you under 5 minutes to complete
This questionnaire will help you determine your potential exposure to the new Benchmarks Regulation (BMR) regime.
The way a ﬁrm uses an index in the ordinary course of business determines whether the regulation applies to its activities.