Level 2 measures

Delegated Acts

Commission Delegated Regulation (EU) 2018/67 of 3 October 2017 supplementing the Benchmarks Regulation with regard to the establishment of the conditions to assess the impact resulting from the cessation of or change to existing benchmarks (17 January 2018)

Commission Delegated Regulation (EU) 2018/66 of 29 September 2017 supplementing the Benchmarks Regulation specifying how the nominal amount of financial instruments other than derivatives, the notional amount of derivatives and the net asset value of investment funds are to be assessed (17 January 2018)

Commission Delegated Regulation (EU) 2018/65 of 29 September 2017 supplementing the Benchmarks Regulation specifying technical elements of the definitions laid down in paragraph 1 of Article 3 of the Regulation (17 January 2018)

Commission Delegated Regulation (EU) 2018/64 of 29 September 2017 supplementing the Benchmarks Regulation with regard to specifying how the criteria of Article 20(1)(c)(iii) are to be applied for assessing whether certain events would result in significant and adverse impacts on market integrity, financial stability, consumers, the real economy or the financing of households and businesses in one or more Member States (17 January 2018)

Implementing Acts

Commission Implementing Regulation (EU) 2017/2446 of 19 December 2017 amending Implementing Regulation (EU) 2016/1368 establishing a list of critical benchmarks used in financial markets pursuant to the Benchmarks Regulation

Commission Implementing Regulation (EU) 2017/1147 of 28 June 2017 amending Implementing Regulation (EU) 2016/1368 establishing a list of critical benchmarks used in financial markets pursuant to the Benchmarks Regulation

Commission Implementing Regulation (EU) 2016/1368 of 11 August 2016 establishing a list of critical benchmarks used in financial markets pursuant to the Benchmarks Regulation

Implementing Technical Standards (ITS)

Commission Implementing Regulation (EU) 2018/1105 of 8 August 2018  with regard to procedures and forms for the provision of information by competent authorities to ESMA under Regulation (EU) 2016/1011

Commission Implementing Regulation (EU) 2018/1106 of 8 August 2018 with regard to templates for the compliance statement to be published and maintained by administrators of significant and non-significant benchmarks pursuant to Regulation (EU) 2016/1011

EBA consultation paper on Draft Implementing Technical Standards amending the Implementing Regulation (EU) 2016/2070 with regard to benchmarking of internal models (18 December 2017)

Regulatory Technical Standards (RTS)

On 13 July 2018, the European Commission adopted the following Delegated Regulations setting out regulatory technical standards:

Commission Delegated Regulation in relation to oversight function critical/significant benchmarks

Commission Delegated Regulation in relation to integrity and accuracy input data critical/significant benchmarks and internal oversight and verification procedures 

Commission Delegated Regulation in relation to information to be provided by an administrator critical/significant benchmarks

Commission Delegated Regulation in relation to Code of conduct 

Commission Delegated Regulation in relation to governance, systems and controls, and policies supervised contributors

Commission Delegated Regulation in relation to criteria exemptions from specific requirements for significant benchmarks 

Commission Delegated Regulation in relation to content and update of benchmark statement 

Commission Delegated Regulation in relation to cooperation arrangements with competent authorities of third countries 

Commission Delegated Regulation in relation to form and content of application for prior recognition by administrator located in a third country 

Commission Delegated Regulation in relation to information to be provided in applications for authorisation and for registration 

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