Subject Matter
ESG factors reflected in the benchmark statement and methodology (ESMA 70-145-114 QAs on BMR Q&A 10.5)
Question
What should an administrator disclose in the benchmark statement if it provides benchmarks that pursue ESG objectives but do not take into account any ESG factor listed in Annex II of the Delegated Regulation (EU) 2020/1816?
Level 1 Regulation
Benchmarks Regulation (BMR) - Regulation 2016/1011