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7.2.5 Non-significant benchmarks

Closed
8 June 2020

COMMISSION DELEGATED REGULATION (EU) No …/..

of XXX

supplementing Regulation (EU) 2016/1011 of the European Parliament and of the Council with regard to regulatory technical standards specifying further the criteria to be taken into account by competent authorities to require changes to the compliance statement of non-significant benchmarks

(Text with EEA relevance)

THE EUROPEAN COMMISSION,

Having regard to the Treaty on the Functioning of the European Union,

Having regard to Regulation (EU) 2016/1011 of the European Parliament and of the Council of 8 June 2016 on indices used as benchmarks in financial instruments and financial contracts or to measure the performance of investment funds and amending Directives 2008/48/EC and 2014/17/EU and Regulation (EU) No 596/2014 [OJ L 171, 29.6.2016, p. 1], and in particular Article 26(6) thereof,

Whereas:

(1) Article 26(4) of Regulation (EU) 2016/1011 requires the relevant competent authority to review the compliance statement published by an

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