ESMA consults on Fees for Benchmarks Administrators
25 September 2020
- 25 September 2020
Benchmarks
The European Securities and Markets Authority (ESMA), the EUs securities markets regulator, has launched today a consultation on fees for benchmarks administrators under the BMR.
- The aim of the Consultation Paper is to advise the European Commission (EC) on fees to be paid by the benchmark administrators that will be supervised by ESMA starting in January 2022.
- The Consultation Paper contains ESMAs first proposal for BMR fees to be paid by third country administrators under the recognition regime and by administrators of a critical benchmark.
- ESMA will consider the responses to this consultation with a view to providing Technical Advice to the EC and aims to publish its final report in January 2021.