1. Regulation 2016/1011/EU - Benchmarks Regulation (UK BMR) (Retained EU Law)

Next

Version status: In force | Document consolidation status: Retained EU Law incorporated with all EU amendments prior to exit day

Published date: Pre-IP completion day

Regulation 2016/1011/EU - Benchmarks Regulation (UK BMR) (Retained EU Law)

Consolidation Status: Retained EU Law incorporated with all EU amendments prior to exit day

Proposal incorporated

• Text with proposed changes from Critical Benchmarks (References and Administrators' Liability) Bill [HL]

	Recitals
	Title I Subject matter, scope and definitions (arts. 1-3)
In force	Article 1 Subject-matter
In force	Article 2 Scope
In force	Article 3 Definitions
	Title II Benchmark integrity and reliability (arts. 4-16)
	Chapter 1 Governance of and control by administrators (arts. 4-10)
In force	Article 4 Governance and conflict of interest requirements
In force	Article 5 Oversight function requirements
In force	Article 6 Control framework requirements
In force	Article 7 Accountability framework requirements
In force	Article 8 Record-keeping requirements
In force	Article 9 Complaints-handling mechanism
In force	Article 10 Outsourcing
	Chapter 2 Input data, methodology and reporting of infringements (arts. 11-14)
In force	Article 11 Input data
In force	Article 12 Methodology
In force	Article 13 Transparency of methodology
In force	Article 14 Reporting of infringements
	Chapter 3 Code of conduct and requirements for contributors (arts. 15-16)
In force	Article 15 Code of conduct
In force	Article 16 Governance and control requirements for supervised contributors
	Title III Requirements for different types of benchmarks (arts. 17-26A)
	Chapter 1 Regulated-data benchmarks (art. 17)
In force	Article 17 Regulated-data benchmarks
	Chapter 2 Interest rate benchmarks (art. 18)
In force	Article 18 Interest rate benchmarks
	Chapter 3 Commodity benchmarks (art. 19)
In force	Article 19 Commodity benchmarks
	Chapter 3A UK Climate Transition Benchmarks and UK Paris-aligned Benchmarks (arts. 19-19d)
In force	Article 19a UK Climate Transition Benchmarks and UK Paris-aligned Benchmarks
In force	Article 19b Requirements for UK Climate Transition Benchmarks
In force	Article 19c Exclusions for UK Paris-aligned Benchmarks
In force	Article 19d Endeavour to provide UK Climate Transition Benchmarks
	Chapter 4 Critical benchmarks (arts. A20-23G)
In force	Article A20 Critical benchmarks: review of critical benchmarks
In force	Article 20 Critical benchmarks: conditions and other matters
In force	Article 21 Mandatory administration of a critical benchmark
In force	Article 21A Prohibition on new use where administrator to cease providing critical benchmark
In force	Article 22 Mitigation of market power of critical benchmark administrators
In force	Article 22A Assessment of representativeness of critical benchmarks: administrator
In force	Article 22B Assessment of representativeness of critical benchmarks: FCA
In force	Article 23 Mandatory contribution to a critical benchmark
In force	Article 23A Designation of certain critical benchmarks
In force	Article 23B Prohibition on use of Article 23A benchmark
In force	Article 23C Exception from the prohibition for legacy use of Article 23A benchmark
In force	Article 23D Orderly cessation of Article 23A benchmarks
In force	Article 23E Review of exercise of powers under Article 23D
In force	Article 23F Policy statements
In force	Article 23G Critical benchmarks provided for different currencies etc
	Chapter 5 Significant benchmarks (arts. 24-25)
In force	Article 24 Significant benchmarks
In force	Article 25 Exemptions from specific requirements for significant benchmarks
	Chapter 6 Non-significant benchmarks (art. 26)
In force	Article 26 Non-significant benchmarks
	Chapter 7 Compliance with requirements (art. 26A)
In force	Article 26A Compliance with requirements
	Title IV Transparency and consumer protection (arts. 27-28)
In force	Article 27 Benchmark statement
In force	Article 28 Changes to and cessation of a benchmark
	Title V Use of benchmark in the United Kingdom (arts. 29-33)
In force	Article 29 Use of a benchmark
In force	Article 30 Equivalence
In force	Article 31 Withdrawal of registration of an administrator located in a third country
In force	Article 32 Recognition of an administrator located in a third country
In force	Article 33 Endorsement of benchmarks provided in a third country
	Title VI Authorisation, registration and supervision of administrator (arts. 34-48)
	Chapter 1 Authorisation and registration (arts. 34-36)
In force	Article 34 Authorisation and registration of an administrator
In force	Article 35 Withdrawal or suspension of authorisation or registration
In force	Article 36 Register of administrators and benchmarks
	Chapter 2 Supervisory cooperation (arts. 37-39)
Omitted	Article 37 Delegation of tasks between competent authorities
Omitted	Article 38 Disclosure of information from another Member State
Omitted	Article 39 Cooperation on on-site inspections and investigations
	Chapter 3 Role of competent authorities (arts. 40-48)
Omitted	Article 40 Competent authorities
In force	Article 41 Powers of competent authorities
Omitted	Article 42 Administrative sanctions and other administrative measures
Omitted	Article 43 Exercise of supervisory powers and imposition of sanctions
Omitted	Article 44 Obligation to cooperate
In force	Article 45 Publication of decisions
In force	Article 46 Cessation of a critical benchmark in certain circumstances
Omitted	Article 47 Cooperation with ESMA
In force	Article 48 Professional secrecy
	Title VIA Provision of information and periods of time (arts. 48A-48B)
In force	Article 48A Provision of information and documents
In force	Article 48B Periods of time
	Title VII Power to make regulations (arts. 49-50)
In force	Article 49 Regulations made by the Treasury
Omitted	Article 50 Committee procedure
	Title VIII Transitional and final provisions (arts. 51-59)
In force	Article 51 Transitional provisions
In force	Article 52 Deadline for updating the prospectuses and key information documents
Omitted	Article 53 ESMA reviews
Omitted	Article 54 Review
In force	Article 55 Notification of benchmarks referenced and their administrators
In force	Article 56 Amendments to Regulation (EU) No 596/2014
Omitted	Article 57 Amendments to Directive 2008/48/EC
Omitted	Article 58 Amendments to Directive 2014/17/EU
In force	Article 59 Entry into force
In force	Annex I Interest rate benchmarks
In force	Annex II Commodity benchmarks
In force	Annex III UK Climate Transition Benchmarks and UK Paris-aligned Benchmarks
In force	Annex IV Article 23A Benchmarks
	Done at

Next

Log in

Username *

Password *

Remember me

• Request new password

Log in

Request a trial

The best way to experience Better Regulation is to try it - free and without obligation.

Take a trial