benchmark
Definitions over time (1)
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30/06/2016 – 10/12/2019 Article 3, Benchmark Regulation (BMR) Scope: Whole act
1. For the purposes of this Regulation, the following definitions apply:
‘benchmark’ means any index by reference to which the amount payable under a financial instrument or a financial contract, or the value of a financial instrument, is determined, or an index that is used to measure the performance of an investment fund with the purpose of tracking the return of such index or of defining the asset allocation of a portfolio or of computing the performance fees;
Other definitions of this term in this act (1)
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