Consultation on the Guidelines on Internal Controls for Benchmark Administrators, Credit Rating Agencies and Market Transparency Infrastructures
Responding to this paper
ESMA invites comments on all matters in this paper and in particular on the specific questions summarised in Annex II. Comments are most helpful if they:
- respond to the question stated;
- indicate the specific question to which the comment relates;
- contain a clear rationale; and
- describe any alternatives ESMA should consider.
ESMA will consider all comments received by 18 March 2025.
All contributions should be submitted online.
Publication of responses
All contributions received will be published following the close of the consultation unless you request otherwise. Please clearly and prominently indicate in your submission any part you do not wish to be publicly disclosed. A standard confidentiality statement in an email message will not be treated as a request for non-disclosure. A confidential response may be requested from us in accordance with ESMA’s rules on access to documents. We may consult you if we receive such a request. Any decision we make not to disclose the response is reviewable by ESMA’s Board of Appeal and the European Ombudsman.
Data protection
Information on data protection can be found at www.esma.europa.eu under the heading ‘Data protection’.
Who should read this paper?
This paper may be of interest to national competent authorities, other financial groups with a controlling participation in a Benchmark Administrator (BA), Credit Rating Agency (CRA), Data Reporting Service Provider (DRSP), Securitisation Repository (SR) or Trade Repository (TR) and firms considering applying to be a registered as a BA, CRA, DRSP, SR or TR.