Disclosed is a rolling mill, in particular a rolling mill having more than one mill stand, comprising at least two rolls (30) which are mounted in a roll bearing in a mill stand to absorb rolling forces, further comprising means (40) for moving at least one roll relative to the mill stand as well as means (50) for determining the roll pass, the determining means having a pass reference (54) and a spatial reference (56) as well as means (58) for measuring the relative position between the pass reference and the spatial reference. In order to create a rolling mill that provides as accurate information as possible about the roll pass, the pass reference and/or the spatial reference is/are arranged peripherally in relation to the power flow occurring between the roll and the mill stand.