FRAND: Difference between revisions
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''Intellectual property - licensing - royalty rates - benchmark market rates.'' | |||
FRAND is an acronym for Fair Reasonable And Non-Discriminatory. | |||
It means that the pricing and other terms on which a user is granted access to a benchmark interest rate - or other intellectual property are appropriate and fair both to the user and the benchmark administrator or other relevant party. | |||
== See also == | == See also == | ||
* [[ | * [[Administrator]] | ||
* [[ | * [[Benchmark]] | ||
* [[FEMR]] | * [[FEMR]] | ||
* [[Financial Conduct Authority]] (FCA) | |||
* [[FRANDT]] | * [[FRANDT]] | ||
* [[Intellectual property]] | |||
* [[Licence]] | |||
* [[Royalty]] | |||
[[Category:Accounting,_tax_and_regulation]] | |||
[[Category:Compliance_and_audit]] | |||
[ | [[Category:Financial_products_and_markets]] | ||
[[Category:Identify_and_assess_risks]] | |||
[[Category:Manage_risks]] | |||
[[Category:Risk_reporting]] | |||
[[Category:Risk_frameworks]] | |||
[[Category:The_business_context]] | |||
Latest revision as of 11:50, 10 February 2024
Intellectual property - licensing - royalty rates - benchmark market rates.
FRAND is an acronym for Fair Reasonable And Non-Discriminatory.
It means that the pricing and other terms on which a user is granted access to a benchmark interest rate - or other intellectual property are appropriate and fair both to the user and the benchmark administrator or other relevant party.
