UK BMR definition

UK BMR means the Benchmark Regulation as it forms part of domestic law by virtue of the EUWA.
Sample 1Sample 2Sample 3
UK BMR means the UK version of Regulation (EU) No 2016/1011 of the European Parliament and of the Council of 8 June 2016 on indices used as benchmarks in financial instruments and financial contracts or to measure the performance of investment funds and amending Directives 2008/48/EC and 2014/17/EU and Regulation (EU) No 596/2014, which is part of UK law by virtue of the European Union (Withdrawal) Act 2018;
Sample 1Sample 2

Examples of UK BMR in a sentence

  • The UK BMR reflects Regulation (EU) 2016/1011 of the European Parliament and of the Council of 8 June 2016 on indices used as benchmarks in financial instruments and financial contracts or to measure the performance of investment funds (the EU BMR), as amended by the UK BMR.

  • Investors should consult their own independent advisers and make their own assessment about the potential risks imposed by the BMR, the UK BMR and any other regulations relating to benchmarks and/or possible cessation or reform of certain reference rates in making any investment decision with respect to any Notes referencing a benchmark.

  • These Allocators are considered to be Submitters under IOSCO but not considered to be “submitters” or “contributors” under either EU BMR or UK BMR.

  • The EU BMR also applied in the UK until the end of the Brexit transition period on 31 December 2020, from which time the UK BMR has applied.

  • JPMS Administered Indices that are either EU Benchmarks or UK Benchmarks (within the meaning of EU BMR or UK BMR, as applicable), and which pursue environmental, social and governance objectives (ESG Benchmarks) shall set out disclosures required by EU BMR or UK BMR, as applicable, in their respective methodology (ESG Disclosures).

  • For the avoidance of doubt, references to regulatory or supervisory actions shall include: (i) any administrative sanctions and other administrative measures imposed by ESMA or the UK FCA in accordance with the BMR or UK BMR; and (ii) any actions taken by ESMA or the UK FCA in the exercise of their supervisory powers under the BMR or UK BMR where the Covered Administrators’ provision of a Covered Benchmark may be materially impacted.

  • The parties acknowledge that the prices have been set and that this Agreement entered into in reliance upon these limitations of liability and that all such limitations form an essential basis of the bargain between the parties.

  • The UK Government has ‘onshored’ the EU BMR on to the UK statute book (the UK BMR).

  • The UK BMR is set to come into force on the day the UK leaves the European Union.

  • The BMR and Regulation (EU) 2016/1011 as it forms part of English law by virtue of the EUWA (the UK BMR) apply to the provision of benchmarks, the contribution of input data to a benchmark and the use of a benchmark within the EU and the UK respectively.

Related to UK BMR

  • UK CRR means Regulation (EU) No. 575/2013 on prudential requirements for credit institutions and investment firms of the European Parliament and of the Council of 26 June 2013, as amended or supplemented from time to time, as it forms part of domestic law in the UK by virtue of the EUWA.

  • UK GDPR means the GDPR, as transposed into United Kingdom national law by operation of section 3 of the European Union (Withdrawal) Act 2018 and as amended by the Data Protection, Privacy and Electronic Communications (Amendments etc.) (EU Exit) Regulations 2019.

  • UK means the United Kingdom of Great Britain and Northern Ireland.

  • Swedish Krona means the lawful currency of Sweden.

  • PM2.5 means particulate matter with an aerodynamic diameter less than or equal to a nominal 2.5 micrometers as measured by a reference method based on 40 CFR Part 50 Appendix L and designated in accordance with 40 CFR Part 53 or by an equivalent method designated in accordance with 40 CFR Part 53.

  • Australian Corporations Act means the Corporations Xxx 0000 (Cth) of Australia.

  • Bangladesh Bank means the bank established under Article 3 of the Bangladesh Bank Order, 1972 (P.O. No. 127 of 1972) for the purpose of carrying on the business of central banking and also includes its successors;

  • SGD means Singapore Dollars, the lawful currency of the Republic of Singapore;

  • UK Bribery Act means the Xxxxxxx Xxx 0000 of the United Kingdom, as amended, and the rules and regulations thereunder.

  • Sukuk means a type of Islamic bond that is backed by assets of the issuer that earn profit or rent.

  • Swedish Kronor and "SEK" means the lawful currency of Sweden.

  • Pound Sterling the lawful currency of the United Kingdom.

  • FCAA means the Federal Clean Air Act, as amended.

  • HK$ Hong Kong dollars, the lawful currency of Hong Kong;

  • HKFE means the Hong Kong Futures Exchange Limited.

  • Swiss Francs means the lawful currency of Switzerland.

  • British Pounds Sterling means the lawful currency of the United Kingdom.

  • Australian Tax Act means the Income Tax Assessment Act 1936 (Cth) (Australia) or the Income Tax Assessment Act 1997 (Cth) (Australia), as applicable.

  • Canada means the ten provinces of Canada, the Yukon Territory, the Districts and Islands comprising the Northwest Territories of Canada and Nunavut.

  • IOC means the International Olympic Committee.

  • PMU means the Project Management Unit established in accordance with paragraph 3 of Schedule 5 to this Loan Agreement;

  • AMFI means Association of Mutual Funds in India.

  • ECFMG means the Educational Commission for Foreign Medical Graduates, an organization that assesses the readiness of international medical school graduates to enter ACGME-approved residency programs in the United States of America.

  • Ringgit Malaysia “RM” The lawful currency of Malaysia.

  • AMF means the Autorité des marchés financiers;

  • South Africa means the Republic of South Africa;