Retained EU Law SI 2016/2021 United Kingdom

Commission Delegated Regulation (EU) 2016/2021 of 2 June 2016 supplementing Regulation (EU) No 600/2014 of the European Parliament and of the Council on markets in financial instruments with regard to regulatory technical standards on access in respect of benchmarks (Text with EEA relevance)

Read it on legislation.gov.uk (opens in a new tab)
Status
In Force
Penalty ceiling
Regulated

Does it bind you?

Business-side roles with duties under this instrument.

Any Person5

Other Acts binding the same actors

If a role above is yours, these are the other instruments that most often bind it.

Any Person — also bound by 2340 other Acts

What it requires

Regulations creating concrete business duties or carrying penalties, grouped as the instrument is structured. Titles link to the source text — blue means you’re leaving for legislation.gov.uk.

s.art001 Information to be made available to CCPs and trading venues Regulated
  • Provide benchmark information to CCPs and trading venues upon requestAny Person
s.art002 General conditions for the information through licensing to be provided to CCPs and trading venues Regulated
  • Provide benchmark information to CCPs and trading venues via licensingAny Person
s.art003 Differentiation and non-discrimination Regulated
  • Ensure fair and non-discriminatory benchmark licensing termsAny Person
s.art004 Other conditions under which access is granted Regulated
  • Set benchmark licensing conditions and ensure agreement includes required safeguardsAny Person
s.art005 Standards guiding how a benchmark may be proven to be new Regulated
  • Prove a new benchmark is genuinely new by assessing specified standardsAny Person
1 other provision — procedural and definitional
s.art006 Entry into force and application

Duty extraction and severity labels are Guvnor’s analysis of the instrument, not the instrument itself. Always verify against the linked source text.