Review of the Benchmark Regulation
Banking and financial services
The initiative aims to ensure that European citizens and businesses have access to a variety of robust and reliable financial benchmarks. All EU banks, both small and large, use critical interest rate benchmarks to conduct wholesale financing competitively, as well as to grant loans to consumers and businesses. In addition, EU market participants should continue to have access to benchmarks to hedge currency and interest rate risk, even where those benchmarks are only produced outside the EU.
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