UK BMR definition
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.
IMBA is an administrator authorised by the Financial Conduct Authority (“FCA”) under 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.
Should the Withdrawal Agreement Bill be passed and receive royal assent, the EU BMR will continue to apply in the UK until the end of the implementation period, and the UK BMR will come into force at the end of this period (31 December 2020).
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).
The UK Government has ‘onshored’ the EU BMR on to the UK statute book (the UK BMR).
Investors should consult their own independent advisers and make their own assessment about the potential risks imposed by the Benchmarks Regulation and the UK BMR, as applicable, or any of the international or national reforms and the possible application of the benchmark replacement provisions of the Covered Bonds in making any investment decision with respect to the Covered Bonds.
Some of these reforms are already effective, including the EU BMR and UK BMR, while others are still to be implemented.
Subject to the terms and provisions of the Plan, the Committee, at any time, and from time to time, may grant Awards of Restricted Stock under the Plan to eligible persons in such amounts and upon such terms as the Committee shall determine.
These Allocators are considered to be Submitters under IOSCO but not considered to be “submitters” or “contributors” under either EU BMR or UK BMR.