UK Benchmarks Regulation—timeline


Published by a ÑÇÖÞÉ«ÇéÍø Financial Services expert
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UK Benchmarks Regulation—timeline


Published by a ÑÇÖÞÉ«ÇéÍø Financial Services expert

Checklists
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This timeline shows key developments relating to Assimilated Regulation (EU) 2016/1011 (the UK Benchmarks Regulation) from January 2024 onwards.

For earlier developments, see Benchmarks Regulation—timeline [Archived]

2024

DateSourceDocumentDescription
22 October 2024UK ParliamentSI 2024/1051: The Critical Benchmarks Regulations 2004SI 2024/1051: These Regulations are made to specify the WMR Closing Spot Rates (also known as the WMR London 4pm Closing Spot Rate) and ICE Swap Rate® as critical benchmarks for the purposes of Article A20(5) of 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. They are made in exercise of legislative powers under Regulation (EU) 2016/1011 in connection with assimilated law. They are due to come into force on 13 November 2024.
See: LNB News 22/10/2024 108
1 October 2024FCA and BoEFCA press release

The end of LIBOR		The BoE has issued a joint press
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Jurisdiction(s):
United Kingdom

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