expert judgement
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:
‘expert judgement’ means the exercise of discretion by an administrator or a contributor with respect to the use of data in determining a benchmark, including extrapolating values from prior or related transactions, adjusting values for factors that might influence the quality of data such as market events or impairment of a buyer or seller's credit quality, and weighting firm bids or offers greater than a particular concluded transaction;
Other definitions of this term in this act (1)
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Used in (0 places in 0 provisions on 12/11/2026)
No text uses this concept on 12/11/2026.