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Version status: In force | Document consolidation status: Assimilated law updated to reflect all known changes
Version date: 1 July 2021
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Article 3 Definitions

1. For the purposes of this Regulation, the following definitions apply:

(1) "index" means any figure: (a) that is published or made available to the public; (b) that is regularly determined: (i) entirely or partially by the application of a formula or any other method of calculation, or by an assessment; and (ii) on the basis of the value of one or more underlying assets or prices, including estimated prices, actual or estimated interest rates, quotes and committed quotes, or other values or surveys;

(2) "index provider" means a natural or legal person that has control over the provision of an index;

(3) "benchmark" means any index by reference to which the amount payable under a financial instrument or a financial contract, or the value of a financial instrument, is determined, or an index that is used to measure the performance of an investment fund with the purpose of tracking the return of such index or of defining the asset allocation of a portfolio or of computing th

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