Benchmarks Regulation—timeline [Archived]

Published by a LexisNexis Financial Services expert

Checklists

Benchmarks Regulation—timeline [Archived]

Published by a LexisNexis Financial Services expert

Checklists

This timeline has been archived. For developments from January 2024 onwards, see EU Benchmarks Regulation—timeline if they relate to the EU Benchmarks Regulation, or UK Benchmarks Regulation—timeline if they relate to the UK Benchmarks Regulation,

For further guidance on the EU Benchmarks Regulation, see Practice Notes: EU Benchmarks Regulation—one minute guide and EU Benchmarks Regulation—essentials. For further guidance on the UK Benchmarks Regulation, see Practice Notes: UK Benchmarks Regulation—one minute guide and UK Benchmarks Regulation—essentials.

Date	Source	Document	Description
20 December 2023	Council of the EU	Benchmarks: Council agrees its negotiating mandate	The Council of the EU has agreed its negotiating mandate on a regulation amending the EU Benchmarks Regulation (Regulation (EU) 2016/1011). The proposed amendments concern the scope of the rules for benchmarks, the use in the EU of benchmarks provided by an administrator located in a third country, and certain reporting requirements. The proposal aims to reduce the regulatory burden on administrators of benchmarks that are not economically significant in the EU by removing them from the scope of current rules. It also intends to significantly reduce the scope of benchmark administrators subject to its requirements,