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Changes to EU Benchmark Regulation aim to simplify regime

The flags of the European Union flutter in the winds in front of the Berlaymont, the EU Commission headquarter
Photo: Thierry Monasse/Getty Images

Tim Cant | Ashurst, Lorraine Johnston | Ashurst, Michael Logie | Ashurst, Kirsty McAllister-Jones | Ashurst+2

6 min read
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The European Commission has proposed changes to EU BMR scope but retains third-country routes to EU access.

The European Commission published its long-awaited legislative proposal to amend the EU Benchmarks Regulation (EU BMR) on October 17, 2023. The proposal still needs to be reviewed by the European Parliament and the Council but, if adopted in its current form, it will (amongst other things):

  • considerably reduce the scope
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