First published onAuthorTopics
24 July 2020
The aim of this proposal is to ensure that when a widely used benchmark is phased out - as is now the case - it does not cause disruptions to the economy and harm financial stability in the EU.
Benchmarks are an intrinsic part of financial markets: they are indices used to price financial instruments and contracts (including households' mortgages) or to measure the performance of an investment fund.
More information: