S&P 500® and Dow Jones Industrial Average® first benchmarks endorsed into the EU under the Benchmark Regulation

AMSTERDAM, MARCH 1, 2019: S&P Dow Jones Indices (“S&P DJI”), the world’s leading index provider, today announced that its iconic benchmarks, including the S&P 500® and the Dow Jones Industrial Average®, have been admitted to the European Securities and Markets Authority’s (ESMA) register of third country benchmarks, under the European Union’s Benchmark Regulation. 

The inclusion of S&P DJI’s benchmarks to the ESMA register enables supervised entities (such as banks, investment firms and insurance companies) to continue using these indices in the EU. This marks the final phase of S&P DJI’s EU benchmark regulatory application and implementation process. 

“We are proud to be the first benchmark administrator to be granted this endorsement. The EU is an important market for S&P Dow Jones Indices and this demonstrates our commitment to the highest standards of regulatory compliance in the region and around the globe,” said Alex Matturri, CEO of S&P Dow Jones Indices. “S&P DJI has been working tirelessly to meet the EU BMR requirements and ensure that our institutional clients continue to have access to our suite of innovative indices and services in a seamless and transparent way.”

In December 2018, S&P DJI established an authorised EU benchmark administrator (S&P DJI Netherlands B.V.) supervised by the Dutch Authority for Financial Markets. S&P DJI Netherlands B.V. is the endorsing administrator for these benchmarks under the EU Benchmark Regulation.

S&P DJI’s benchmarks are listed on the ESMA register for third country benchmarks and can be accessed through their public website here. More information on S&P DJI’s governance framework can be found on the governance page of S&P DJI’s website here.

pdf-icon PD F DOWNLOAD FULL ARTICLE

Processing ...