LONDON, October 15th 2019 – ROBO Global®, the world’s premier provider of indices in the fields of robotics, automation, AI and healthcare, and Moorgate Benchmarks, the index company driving change, today announced that ROBO Global® has appointed Moorgate Benchmarks as its EU legal representative. This will ensure compliance with the new EU Benchmarks Regulation (BMR), which comes into full effect on January 1st 2020.
In advance of the BMR coming into force, ROBO Global® has secured authorisation from the Financial Conduct Authority (FCA) as a Benchmark Administrator. The FCA authorisation will allow the company to continue offering its best-in-class indices to EU-based clients in compliance with BMR. The selection of Moorgate Benchmarks as legal representative builds on an existing partnership that includes the provision of index design, optimisation and governance services.
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