REGULATION

UP Indices are created in accordance with the EU regulation about indices (BMRI 2016/1011) and with the IOSCO principles published in 2013, but the ESMA license or registration is not required by the Administrator.

Providing a benchmark value as defined in the EU regulation does not fall within the scope of this index family. UP Indices are NOT used as benchmarks in financial instruments and financial contracts, or to measure the performance of investment funds in the European Union or any other country.

• EU regulation BMRI 2016/1011 can be download here.
• IOSCO Principles for Financial Benchmark can be download here.
• ESMA Questions and Answers On the Benchmarks Regulation (BMR) can be download here.

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