FRAND: Difference between revisions

From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson
(Layout.)
(Expand definition.)
 
Line 1: Line 1:
Fair Reasonable And Non-Discriminatory.
''Intellectual property - licensing - royalty rates - benchmark market rates.''


Proposals by the Financial Conduct Authority (FCA) for fair, reasonable and non-discriminatory access to information about 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]]
* [[Benchmark]]
* [[FEMR]]
* [[FEMR]]
* [[Financial Conduct Authority]]  (FCA)
* [[Financial Conduct Authority]]  (FCA)
* [[FRANDT]]
* [[FRANDT]]
* [[LIBOR]]
* [[Intellectual property]]
* [[Licence]]
* [[Royalty]]


[[Category:Accounting,_tax_and_regulation]]
[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]
[[Category:Compliance_and_audit]]
[[Category:Compliance_and_audit]]
[[Category:Ethics]]
[[Category:Financial_products_and_markets]]
[[Category:Identify_and_assess_risks]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]
[[Category:Manage_risks]]
[[Category:Risk_reporting]]
[[Category:Risk_frameworks]]
[[Category:Risk_frameworks]]
[[Category:Risk_reporting]]
[[Category:The_business_context]]
[[Category:Financial_products_and_markets]]

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.


See also