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Status: You are viewing the version of the handbook as on 2016-06-30.

MAR 8.1 Application and purpose

Application

MAR 8.1.1RRP

1This chapter applies to every firm which is a benchmark submitter or a benchmark administrator.

Purpose

MAR 8.1.2GRP

The purpose of this chapter is to set out the requirements

applying to firms who are benchmark submitters or benchmark administrators when carrying out the activities of providing information in relation to a specified benchmark or administering a specified benchmark

Actions for damages

MAR 8.1.3RRP

A contravention of a rule in MAR 8 does not give rise to a right of action by a private person under section 138D(2) of the Act (and each rule in MAR 8 is specified under section 138D(3) of the Act as a provision giving rise to no such right of action).