Benchmark Regulation

The Benchmark Regulation is a set of rules in the European Union that governs how financial benchmarks—like interest rates or indices used to value financial products—are created and maintained. Its goal is to ensure these benchmarks are accurate, transparent, and trustworthy, preventing manipulation or errors that could affect markets and investors. It requires administrators of benchmarks to follow strict standards, report their methods openly, and manage risks responsibly. Essentially, it's a framework to promote integrity and confidence in financial measurements that impact a wide range of financial transactions and investments.