October 21, 2019 BY Valentina Kirilova

ESMA and ASIC to co-operate on Australian benchmarks

EU’s regulator for securities markets (ESMA) and Australia's regulator ASIC have announced earlier today that they have signed a Memorandum of Understanding (MoU) setting out cooperation arrangements in respect of Australian benchmarks. The EU Benchmarks Regulation (BMR) prescribes a European common framework to ensure the integrity and accuracy of benchmarks used in the EU. Earlier…

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