The Proportionality of the European Benchmark Regulation

This study provides a comprehensive analysis of the compliance of the EU benchmark regulation with the principle of roportionality. The book discusses the role of benchmarks in financial markets, investigates benchmark scandals, provides international perspectives on benchmark reform, and analyses the application of the proportionality principle to the EU Benchmark Regulation. The book concludes with novel policy options to make the EU Benchmark Regulation more proportionate.