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Benchmarks Regulation In force since 1 January 2018

Regulation (EU) 2016/1011 on indices used as benchmarks in financial instruments and financial contracts
32016R1011 · official text on EUR-Lex

Articles

• Article 1 — Subject-matter
• Article 2 — Scope
• Article 3 — Definitions

Chapter 1 Governance of and control by administrators

• Article 4 — Governance and conflict of interest requirements
• Article 5 — Oversight function requirements
• Article 6 — Control framework requirements
• Article 7 — Accountability framework requirements
• Article 8 — Record-keeping requirements
• Article 9 — Complaints-handling mechanism
• Article 10 — Outsourcing

Chapter 2 Input data, methodology and reporting of infringements

• Article 11 — Input data
• Article 12 — Methodology
• Article 13 — Transparency of methodology
• Article 14 — Reporting of infringements

Chapter 3 Code of conduct and requirements for contributors

• Article 15 — Code of conduct
• Article 16 — Governance and control requirements for supervised contributors

Chapter 1 Regulated-data benchmarks

• Article 17 — Regulated-data benchmarks

Chapter 2 Interest rate benchmarks

• Article 18 — Interest rate benchmarks

Chapter 3 Commodity benchmarks

• Article 19 — Commodity benchmarks

Chapter 4 Critical benchmarks

• Article 20 — Critical benchmarks
• Article 21 — Mandatory administration of a critical benchmark
• Article 22 — Mitigation of market power of critical benchmark administrators
• Article 23 — Mandatory contribution to a critical benchmark

Chapter 5 Significant benchmarks

• Article 24 — Significant benchmarks
• Article 25 — Exemptions from specific requirements for significant benchmarks

Chapter 6 Non-significant benchmarks

• Article 26 — Non-significant benchmarks
• Article 27 — Benchmark statement
• Article 28 — Changes to and cessation of a benchmark
• Article 29 — Use of a benchmark
• Article 30 — Equivalence
• Article 31 — Withdrawal of registration of an administrator located in a third country
• Article 32 — Recognition of an administrator located in a third country
• Article 33 — Endorsement of benchmarks provided in a third country

Chapter 1 Authorisation and registration

• Article 34 — Authorisation and registration of an administrator
• Article 35 — Withdrawal or suspension of authorisation or registration
• Article 36 — Register of administrators and benchmarks

Chapter 2 Supervisory cooperation

• Article 37 — Delegation of tasks between competent authorities
• Article 38 — Disclosure of information from another Member State
• Article 39 — Cooperation on on-site inspections and investigations

Chapter 3 Role of competent authorities

• Article 40 — Competent authorities
• Article 41 — Powers of competent authorities
• Article 42 — Administrative sanctions and other administrative measures
• Article 43 — Exercise of supervisory powers and imposition of sanctions
• Article 44 — Obligation to cooperate
• Article 45 — Publication of decisions
• Article 46 — Colleges
• Article 47 — Cooperation with ESMA
• Article 48 — Professional secrecy
• Article 49 — Exercise of the delegation
• Article 50 — Committee procedure
• Article 51 — Transitional provisions
• Article 52 — Deadline for updating the prospectuses and key information documents
• Article 53 — ESMA reviews
• Article 54 — Review
• Article 55 — Notification of benchmarks referenced and their administrators
• Article 56 — Amendments to Regulation (EU) No 596/2014
• Article 57 — Amendments to Directive 2008/48/EC
• Article 58 — Amendments to Directive 2014/17/EU
• Article 59 — Entry into force