EU Benchmark regulations will push smaller providers out of the market - Platts, Markit
administrators, Platts and Markit, have hit out at EU Benchmark
regulations, stating that the rules - as currently drafted -
would push smaller independent benchmark providers out of the
FOW’s Regulation 2015 event on Tuesday, Pierre
Davies, chief legal officer at Platts, said while larger index
providers such as Platts and Standard & Poor’s
could afford to absorb the additional costs, smaller
administrators "would suffer because they don’t
have the scale to be able to absorb the additional costs and
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