Regulation (EU) 2016/1011 is amended as follows:
(1) in Article 3(1), point (24)(a) is amended as follows:
(a) the introductory part is replaced by the following:
'(a) input data contributed entirely from:';
(b) point (vii) is replaced by the following:
'(vii) a service provider to which the benchmark administrator has outsourced the data collection in accordance with Article 10, with the exception of point (f) of Article 10(3), provided that the service provider receives the data entirely from an entity referred to in points (i) to (vi) of this point;';
(2) in Article 4, the following paragraph is added:
'9. ESMA shall develop draft regulatory technical standards to specify the requirements to ensure that the governance arrangements referred to in paragraph 1 are sufficiently robust.
ESMA shall submit those draft regulatory technical standards to the Commission by 1 October 2020.
Power is delegated to the Commission to supplement this Regulation by adopting the regulatory technical st
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