Article 14 BMR
49. Article 14 of the BMR ''Reporting of Infringements'' provides for different obligations to enable the administrator to identify infringements, especially with regard to benchmark manipulation, and report them to the competent authority.
50. Pursuant to Article 14(1) of the BMR administrators of all benchmarks falling within the scope of Title II are required to ''establish adequate systems and effective controls to ensure the integrity of input data in order to be able to identify and report to the competent authority any conduct that may involve manipulation or attempted manipulation of a benchmark, under Regulation (EU) No 596/2014''.
51. Article 14(2) of the BMR sets forth the obligation for the administrator to monitor input data and contributors to be able to notify and provide the relevant information to the competent authority in case of manipulation. Article 14(3) requires the establishment of a whistle blowing procedures regarding any possible infringement o
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