Examples of UK BMR in a sentence
The UK BMR reflects 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 (the EU BMR), as amended by the UK BMR.
Investors should consult their own independent advisers and make their own assessment about the potential risks imposed by the BMR, the UK BMR and any other regulations relating to benchmarks and/or possible cessation or reform of certain reference rates in making any investment decision with respect to any Notes referencing a benchmark.
Notwithstanding the issuance of a consent order, the supervisor may seek civil or criminal penalties or compromise civil penalties concerning matters encompassed by the consent order.
Should the Withdrawal Agreement Bill be passed and receive royal assent, the EU BMR will continue to apply in the UK until the end of the implementation period, and the UK BMR will come into force at the end of this period (31 December 2020).
The Development includes indoor amenity facilities such as fitness, yoga, sports lounge, cards, dining and children’s play rooms.
For the avoidance of doubt, references to regulatory or supervisory actions shall include: (i) any administrative sanctions and other administrative measures imposed by ESMA or the UK FCA in accordance with the BMR or UK BMR; and (ii) any actions taken by ESMA or the UK FCA in the exercise of their supervisory powers under the BMR or UK BMR where the Covered Administrators’ provision of a Covered Benchmark may be materially impacted.
JPMS Administered Index means:a) in respect of either EU BMR or UK BMR, benchmarks that J.P. Morgan Securities plc, in its role as Administrator, has identified as either EU Benchmarks or UK Benchmarks within the meaning of EU BMR or UK BMR (as applicable); andb) in respect of IOSCO, benchmarks that the relevant business line within J.P. Morgan in its role as Administrator has identified as benchmarks within the meaning of IOSCO, in the relevant IOSCO compliance statement.
The BMR and Regulation (EU) 2016/1011 as it forms part of English law by virtue of the EUWA (the UK BMR) apply to the provision of benchmarks, the contribution of input data to a benchmark and the use of a benchmark within the EU and the UK respectively.
The EU BMR also applied in the UK until the end of the Brexit transition period on 31 December 2020, from which time the UK BMR has applied.
JPMS Administered Indices that are either EU Benchmarks or UK Benchmarks (within the meaning of EU BMR or UK BMR, as applicable), and which pursue environmental, social and governance objectives (ESG Benchmarks) shall set out disclosures required by EU BMR or UK BMR, as applicable, in their respective methodology (ESG Disclosures).