Hengeler Mueller | View firm profile
ICF BANK AG Wertpapierhandelsbank has successfully
completed the registration procedure as a benchmark administrator under the EU
Issued in 2016, the EU Benchmarks Regulation covers the
provision of benchmarks that are used for financial products. From 1 January
2020, benchmark administrators based in the EU will require a license to
provide benchmarks. The use of a benchmark by supervised entities is only
permitted if the administrator has obtained the required license.
Hengeler Mueller advised ICF BANK AG on the
registration procedure. The team included partner Christian Schmies and
associate Tobias Wohlfarth (both Asset Management, Frankfurt).