This Regulation introduces a common framework to ensure the accuracy and integrity of indices used as benchmarks in financial instruments and financial contracts. The Regulation also measures the performance of investment funds in the Union, thereby contributing to the proper functioning of the internal market while achieving a high level of consumer and investor protection. This Regulation applies to the provision of benchmarks, the contribution of input data to a benchmark and the use of a benchmark within the Union.
The Regulation contains both control and accountability framework requirements, as well as requirements for administrators, both of which can be seen in more detail in the official Regulation using the link provided.
