The Global Risk Regulator, a Financial Times publication, recently spoke to Henrik Brunlid, CEO of Foxberry around the challenges facing non-EU benchmark providers with the introduction of the EU benchmark regulation.
Henrik Brunlid said: “I think a lot of benchmark providers have underestimated the work and the processes that need to be put in place to become BMR compliant. That’s been quite evident.”
As one of the first companies to become regulated under the EU benchmark regulation, Foxberry is well placed to advise third-country benchmark providers on the different ways of accessing the EU, including endorsement and establishing an EU presence.
A link to the article can be found here.