Preamble
Recitals 72
Title I - SUBJECT MATTER, SCOPE AND DEFINITIONS (Article 1-3) 3
Title II - BENCHMARK INTEGRITY AND RELIABILITY (Article 4-16) 13
Title III - REQUIREMENTS FOR DIFFERENT TYPES OF BENCHMARKS (Article 17-25) 18
Title IV - TRANSPARENCY AND CONSUMER PROTECTION (Article 27-28a) 3
Title V - USE OF BENCHMARKS IN THE UNION (Article 29-33) 5
Title VI - AUTHORISATION, REGISTRATION AND SUPERVISION OF ADMINISTRATORS (Article 34-48n) 29
Title VII - DELEGATED AND IMPLEMENTING ACTS (Article 49-50) 2
Title VIII - TRANSITIONAL AND FINAL PROVISIONS (Article 51-59) 9
Annexes 3
Amending acts 6

spot foreign exchange benchmark

Definitions over time (1)

13/02/2021 – today applies on 11/11/2026 Article 3, Benchmark Regulation (BMR) Scope: Whole act

For the purposes of this Regulation, the following definitions apply:

‘spot foreign exchange benchmark’ means a benchmark which reflects the price, expressed in one currency, of another or a basket of other currencies, for delivery on the earliest possible value date;