ASIC Financial Benchmark (Administration) Rules 2018 (Cth)

ASIC Financial Benchmark (Administration) Rules 2018

About this compilation

Compilation No. 1

This is a compilation of ASIC Financial Benchmark (Administration) Rules 2018 as in force on 10 March 2022. It includes any commenced amendment affecting the legislative instrument to that date. This compilation was prepared by the Australian Securities and Investments Commission. The notes at the end of this compilation (the endnotes) include information about amending instruments and the amendment history of each amended provision. Contents

Chapter 1: Introduction Part 1.1 Preliminary Part 1.2 Interpretation Chapter 2: Obligations on benchmark administrator licensees and Contributors Part 2.1 Governance, management and resources Part 2.2 Financial benchmark design, data and method Part 2.3 Business continuity and risk management Part 2.4 Cessation of a financial benchmark Part 2.5 Benchmark administrator licensee's guidelines for Contributors Part 2.6 Transparency of, and access to, financial benchmarks Part 2.7 Accountability Part 2.8 Cooperation with ASIC Endnotes Endnote 1 – Instrument history Endnote 2 - Amendment history

Chapter 1: Introduction

Part 1.1 Preliminary

1.1.1 Enabling legislation ASIC makes this instrument under section 908CA of the Corporations Act 2001.

1.1.2 Title This instrument is the ASIC Financial Benchmark (Administration) Rules 2018.

1.1.4 Entities that must comply with these Rules These Rules apply to benchmark administrator licensees and Contributors. Note: Section 908CF of the Act provides that a person (whether a benchmark administrator licensee or otherwise) must comply with the provisions of the financial benchmark rules that apply to the person.

1.1.5 Penalties for a contravention of these Rules