# Instrument Metadata # Output tuned for LLM consumption -- deterministic parse of the # EUR-Lex source, no LLM involved in generation. instrument_id: bmr celex: "32016R1011" eli: "http://data.europa.eu/eli/reg/2016/1011/oj" full_title: Benchmarks Regulation (EU) 2016/1011 short_title: BMR instrument_type: regulation document_type: regulation normative_weight: binding jurisdiction: EU effective_period: from: "2016-06-30" to: null dates: adopted: "2016-06-08" entered_into_force: "2016-06-30" status: in_force legal_status: in_force structure_levels: - title - chapter - article total_articles: 82 total_recitals: 0 total_annexes: 3 definitions_article: 3 chunk_strategy: by_chapter chunks: - /bmr/chunks/bmr_t01_subject_matter_scope_and_definitions.md - /bmr/chunks/bmr_t02_ch01_governance_of_and_control_by_administrat.md - /bmr/chunks/bmr_t02_ch02_input_data_methodology_and_reporting_of_.md - /bmr/chunks/bmr_t02_ch03_code_of_conduct_and_requirements_for_con.md - /bmr/chunks/bmr_t03_ch01_regulated_data_benchmarks.md - /bmr/chunks/bmr_t03_ch02_interest_rate_benchmarks_and_spot_foreig.md - /bmr/chunks/bmr_t03_ch03_commodity_benchmarks_based_on_contribute.md - /bmr/chunks/bmr_t03_ch03a_eu_climate_transition_benchmarks_and_eu_.md - /bmr/chunks/bmr_t03_ch04_critical_benchmarks.md - /bmr/chunks/bmr_t03_ch04a_statutory_replacement_of_a_benchmark.md - /bmr/chunks/bmr_t03_ch05_significant_benchmarks.md - /bmr/chunks/bmr_t04_transparency_and_consumer_protection.md - /bmr/chunks/bmr_t05_use_of_benchmarks_in_the_union.md - /bmr/chunks/bmr_t06_ch01_authorisation_and_registration.md - /bmr/chunks/bmr_t06_ch02_supervisory_cooperation.md - /bmr/chunks/bmr_t06_ch03_role_of_competent_authorities.md - /bmr/chunks/bmr_t06_ch04_esma_powers_and_competences.md - /bmr/chunks/bmr_t07_delegated_and_implementing_acts.md - /bmr/chunks/bmr_t08_transitional_and_final_provisions.md - /bmr/chunks/annexes.md key_dates: - date: "2016-04-13" type: citation article: "49" context: "…in accordance with the principles laid down in the Interinstitutional Agreement of 13 April 2016 on Better Law-Making. 5. As soon as…" - date: "2016-06-08" type: lifecycle context: "Adopted" - date: "2016-06-30" type: application article: "59" context: "…30(5), 32(9), 33(7), 34(8), Article 46, and Articles 47(3) and 51(6) shall apply from 30 June 2016. Notwithstanding the second paragraph…" - date: "2016-06-30" type: lifecycle context: "Entered into force" - date: "2016-07-03" type: application article: "59" context: "…2016. Notwithstanding the second paragraph of this Article, Article 56 shall apply from 3 July 2016." - date: "2017-04-01" type: deadline article: "11" context: "…ESMA shall submit those draft regulatory technical standards to the Commission by 1 April 2017. Power is delegated to the Commission…" - date: "2017-04-01" type: deadline article: "13" context: "…————— ESMA shall submit those draft regulatory technical standards to the Commission by 1 April 2017. Power is delegated to the Commission…" - date: "2017-04-01" type: deadline article: "15" context: "…ESMA shall submit those draft regulatory technical standards to the Commission by 1 April 2017. Power is delegated to the Commission…" - date: "2017-04-01" type: deadline article: "16" context: "…————— ESMA shall submit those draft regulatory technical standards to the Commission by 1 April 2017. Power is delegated to the Commission…" - date: "2017-04-01" type: deadline article: "25" context: "…technical standards referred to in the first subparagraph to the Commission by 1 April 2017. Power is conferred to the Commission…" - date: "2017-04-01" type: deadline article: "27" context: "…ESMA shall submit those draft regulatory technical standards to the Commission by 1 April 2017. Power is delegated to the Commission…" - date: "2017-04-01" type: deadline article: "30" context: "…ESMA shall submit those draft regulatory technical standards to the Commission by 1 April 2017. Power is delegated to the Commission…" - date: "2017-04-01" type: deadline article: "34" context: "…ESMA shall submit those draft regulatory technical standards to the Commission by 1 April 2017. Power is delegated to the Commission…" - date: "2017-04-01" type: deadline article: "47" context: "…technical standards referred to in the first subparagraph to the Commission by 1 April 2017. Power is conferred to the Commission…" - date: "2017-04-01" type: deadline article: "5" context: "…————— ESMA shall submit those draft regulatory technical standards to the Commission by 1 April 2017. Power is delegated to the Commission…" - date: "2018-01-01" type: application article: "20" context: "…close to the thresholds; such review shall take place at least every two years as from 1 January 2018; (c) specify how the criteria…" - date: "2018-01-01" type: application article: "59" context: "…of its publication in the Official Journal of the European Union. It shall apply from 1 January 2018. Notwithstanding the second paragraph…" - date: "2018-01-01" type: deadline article: "42" context: "…if the person is an association, 10 % of the aggregate turnovers of its members. 3. By 1 January 2018, Member States shall notify the rules…" - date: "2018-07-01" type: application article: "57" context: "…and shall communicate them to the Commission. They shall apply those provisions from 1 July 2018.’." - date: "2018-07-01" type: application article: "58" context: "…and shall communicate them to the Commission. They shall apply those provisions from 1 July 2018.’; (3) In Article 43(1), the…" - date: "2018-07-01" type: deadline article: "57" context: "…27(1), the following subparagraph is inserted after the second subparagraph: ‘By 1 July 2018 Member States shall adopt and publish…" - date: "2018-07-01" type: deadline article: "58" context: "…Article 42(2), the following subparagraph is inserted after the first subparagraph: ‘By 1 July 2018, Member States shall adopt and…" - date: "2019-07-03" type: review article: "56" context: "…Parliament or the Council.’. (3) In Article 38, the following paragraphs are added: ‘By 3 July 2019, the Commission shall, after…" - date: "2020-01-01" type: deadline article: "51" context: "…2016 shall apply for authorisation or registration in accordance with Article 34 by 1 January 2020. 2. By 1 January 2020, the competent…" - date: "2020-01-01" type: review article: "54" context: "1. By 1 January 2020, the Commission shall review and…" - date: "2020-04-30" type: deadline article: "19a" context: "…Benchmark or an EU Paris-aligned Benchmark shall comply with this Regulation by 30 April 2020. 4. Administrators that are not…" - date: "2020-10-01" type: deadline article: "12" context: "…ESMA shall submit those draft regulatory technical standards to the Commission by 1 October 2020. Power is delegated to the Commission…" - date: "2020-10-01" type: deadline article: "14" context: "…1. ESMA shall submit those draft regulatory technical standards to the Commission by 1 October 2020. Power is delegated to the Commission…" - date: "2020-10-01" type: deadline article: "4" context: "…ESMA shall submit those draft regulatory technical standards to the Commission by 1 October 2020. Power is delegated to the Commission…" - date: "2020-10-01" type: review article: "21" context: "…ESMA shall submit those draft regulatory technical standards to the Commission by 1 October 2020. Power is delegated to the Commission…" - date: "2021-01-01" type: deadline article: "19c" context: "…the objectives of the Paris Agreement. The Commission shall adopt that delegated act by 1 January 2021 and update it every three years. 2.…" - date: "2021-08-14" type: review article: "23b" context: "…shall inform the Commission and ESMA of the designation of the relevant authorities by 14 August 2021. 8. The Commission shall adopt…" - date: "2021-10-01" type: deadline article: "48i" context: "…way intervene in the decision-making process of ESMA’s Board of Supervisors. 10. By 1 October 2021, the Commission shall adopt delegated…" - date: "2021-10-01" type: deadline article: "48l" context: "…supervision and it shall be proportionate to the turnover of the administrator. 3. By 1 October 2021, the Commission shall adopt delegated…" - date: "2021-10-01" type: deadline article: "48n" context: "…in accordance with Article 32 that have been received by competent authorities before 1 October 2021 shall not be transferred to ESMA, and…" - date: "2021-12-31" type: deadline article: "51" context: "…by an implementing act adopted by the Commission in accordance with Article 20 until 31 December 2021 or, where the index provider submits…" - date: "2022-01-01" type: deadline article: "19d" context: "By 1 January 2022, administrators which are located in…" - date: "2022-01-01" type: deadline article: "48n" context: "…(a) and (b), shall be transferred to ESMA as soon as possible and in any event by 1 January 2022. Those competent authorities shall…" - date: "2022-12-31" type: deadline article: "19b" context: "…underlying assets issued by companies that follow a decarbonisation trajectory by 31 December 2022, in accordance with the following…" - date: "2022-12-31" type: review article: "54" context: "…and consistent supervisory practices and approaches among competent authorities. 4. By 31 December 2022, the Commission shall review the…" - date: "2023-06-15" type: review article: "54" context: "…That report shall be accompanied, where appropriate by a legislative proposal. 6. By 15 June 2023, the Commission shall submit a report…" - date: "2023-12-31" type: deadline article: "51" context: "…that already reference that benchmark or which add a reference to such benchmark before 31 December 2023. The first subparagraph shall not…" - date: "2025-10-01" type: deadline article: "48n" context: "…applications for endorsement that have been received by competent authorities before 1 October 2025 shall not be transferred to ESMA, and…" - date: "2025-12-31" type: deadline article: "51" context: "…benchmarks to which the first subparagraph does not apply. Where ESMA has received, by 31 December 2025, an application for recognition…" - date: "2025-12-31" type: review article: "54" context: "…June 2023 in order to extend the transitional period referred to in Article 51(5) until 31 December 2025 at the latest if the report referred…" - date: "2026-01-01" type: deadline article: "48n" context: "…40(1), point (c), shall be transferred to ESMA as soon as possible and in any event by 1 January 2026. Those competent authorities shall…" - date: "2026-06-09" type: deadline article: "18a" context: "…spot foreign exchange benchmarks that fulfil the criteria laid down in paragraph 1 by 9 June 2026. The Commission shall update that…" - date: "2026-09-30" type: deadline article: "51" context: "…on 31 December 2025, the competent authorities or ESMA, as applicable, shall do so by 30 September 2026. Administrators of benchmarks that on…" - date: "2027-01-01" type: deadline article: "51" context: "…of one or more of their benchmarks as significant pursuant to Article 24(7) by 1 January 2027, those administrators shall not be…" - date: "2028-12-31" type: review article: "24" context: "…and businesses in one or more Member States is significant and adverse. 10. By 31 December 2028, the Commission shall, in cooperation…" - date: "2029-06-30" type: review article: "54" context: "…would be significantly impaired or would pose a threat to financial stability. 8. By 30 June 2029, the Commission shall, after…" - date: "2029-12-31" type: review article: "49" context: "…Commission shall draw up a report in respect of the delegation of power no later than 31 December 2029. The delegation of power shall be…" generated_at: "2026-10-05T22:50:38.978Z" articles: - article_number: 1 article_title: Subject-matter chunk_file: /bmr/chunks/bmr_t01_subject_matter_scope_and_definitions.md path: "Title I > Article 1" applies_to_entities: - consumers topics: - benchmarks - financial_markets - scope - general_provisions - definitions keywords: - consumer - benchmark - financial instrument - financial contract - investment fund contains: obligations: false prohibitions: false permissions: false definitions: false penalties: false delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: [] external_references: [] recitals: [] - article_number: 2 article_title: Scope chunk_file: /bmr/chunks/bmr_t01_subject_matter_scope_and_definitions.md path: "Title I > Article 2" applies_to_entities: - credit_institutions - european_commission topics: - benchmarks - financial_markets - scope - general_provisions - definitions - counterparty_credit_risk - derivatives_clearing keywords: - data - settlement - index - index provider - benchmark - administrator - use of a benchmark - contribution of input data - contributor - input data - financial instrument - financial contract - spot foreign exchange benchmark - commodity benchmark - eu climate transition benchmark - eu paris-aligned benchmark - regulated-data benchmark - critical benchmark - significant benchmark - public authority contains: obligations: true prohibitions: true permissions: false definitions: false penalties: false delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: - target: Article 23a - target: Article 23b - target: Article 23c - target: Article 13 paragraph: "1" - target: Article 36 - target: Article 19 - target: Article 3 paragraph: "1" - target: Article 18a paragraph: "1" external_references: - instrument_type: directive reference: "2014/65/EU" recitals: [] - article_number: 3 article_title: Definitions chunk_file: /bmr/chunks/bmr_t01_subject_matter_scope_and_definitions.md path: "Title I > Article 3" deletions: - celex: "32025R0914" act: Regulation (EU) 2025/914 instrument_id: null position: within marker: M6 applies_to_entities: - credit_institutions - european_commission - consumers topics: - benchmarks - financial_markets - scope - general_provisions - definitions - authorisation - outsourcing - insurance - reinsurance - pensions - investment_funds - trading_venues - governance - committee_procedure - implementing_acts keywords: - consumer - transaction - data - agent - system - reporting - index - index provider - benchmark - family of benchmarks - provision of a benchmark - administrator - use of a benchmark - contribution of input data - contributor - supervised contributor - submitter - assessor - expert judgement - input data contains: obligations: true prohibitions: false permissions: true definitions: true penalties: false delegated_powers: true implementing_powers: true rts_mandate: false its_mandate: false transitional: false internal_references: - target: Article 34 - target: Article 19b - target: Article 19a paragraph: "2" - target: Article 19c - target: Article 10 - target: Article 10 paragraph: "3" - target: Article 20 paragraph: "1" - target: Article 24 paragraph: "1" - target: Article 49 - target: Article 50 paragraph: "2" external_references: - instrument_type: directive reference: "2008/48/EC" - instrument_type: directive reference: "2014/65" - instrument_type: directive reference: "2014/65/EU" - instrument_type: regulation reference: "575/2013" - instrument_type: directive reference: "2014/65/EU" - instrument_type: directive reference: "2009/138/EC" - instrument_type: directive reference: "2009/65/EC" - instrument_type: directive reference: "2009/65/EC" - instrument_type: directive reference: "2011/61/EU" - instrument_type: directive reference: "2003/41/EC" - instrument_type: directive reference: "2014/65/EU" - instrument_type: regulation reference: "648/2012" - instrument_type: regulation reference: "600/2014" - instrument_type: directive reference: "2014/65/EU" - instrument_type: regulation reference: "648/2012" - instrument_type: regulation reference: "600/2014" - instrument_type: regulation reference: "600/2014" - instrument_type: regulation reference: "600/2014" recitals: [] - article_number: 4 article_title: Governance and conflict of interest requirements chunk_file: /bmr/chunks/bmr_t02_ch01_governance_of_and_control_by_administrat.md path: "Title II > Chapter 1 > Article 4" applies_to_entities: - competent_authorities - european_commission topics: - benchmarks - financial_markets - governance - conflicts_of_interest - internal_control keywords: - supervision - benchmark - provision of a benchmark - administrator - contributor contains: obligations: true prohibitions: true permissions: true definitions: false penalties: false delegated_powers: true implementing_powers: false rts_mandate: true its_mandate: false transitional: false internal_references: [] external_references: - instrument_type: regulation reference: "1095/2010" recitals: [] - article_number: 5 article_title: Oversight function requirements chunk_file: /bmr/chunks/bmr_t02_ch01_governance_of_and_control_by_administrat.md path: "Title II > Chapter 1 > Article 5" deletions: - celex: "32025R0914" act: Regulation (EU) 2025/914 instrument_id: null position: within marker: M6 - celex: "32025R0914" act: Regulation (EU) 2025/914 instrument_id: null position: within marker: M6 applies_to_entities: - competent_authorities - european_commission topics: - benchmarks - financial_markets - governance - conflicts_of_interest keywords: - data - third party - agent - reporting - benchmark - administrator - contributor - input data contains: obligations: true prohibitions: false permissions: false definitions: true penalties: false delegated_powers: true implementing_powers: false rts_mandate: true its_mandate: false transitional: false internal_references: - target: Article 15 external_references: - instrument_type: regulation reference: "1095/2010" recitals: [] - article_number: 6 article_title: Control framework requirements chunk_file: /bmr/chunks/bmr_t02_ch01_governance_of_and_control_by_administrat.md path: "Title II > Chapter 1 > Article 6" applies_to_entities: - competent_authorities topics: - benchmarks - financial_markets - governance - operational_resilience - risk_assessment - conflicts_of_interest - internal_control keywords: - data - system - benchmark - administrator - contributor - input data - critical benchmark contains: obligations: true prohibitions: false permissions: false definitions: false penalties: false delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: - target: Article 15 external_references: - instrument_type: regulation reference: "2022/2554" recitals: [] - article_number: 7 article_title: Accountability framework requirements chunk_file: /bmr/chunks/bmr_t02_ch01_governance_of_and_control_by_administrat.md path: "Title II > Chapter 1 > Article 7" applies_to_entities: - competent_authorities topics: - benchmarks - financial_markets - governance keywords: - benchmark - administrator - critical benchmark contains: obligations: true prohibitions: false permissions: false definitions: false penalties: false delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: [] external_references: [] recitals: [] - article_number: 8 article_title: Record-keeping requirements chunk_file: /bmr/chunks/bmr_t02_ch01_governance_of_and_control_by_administrat.md path: "Title II > Chapter 1 > Article 8" applies_to_entities: [] topics: - benchmarks - financial_markets - governance keywords: - data - benchmark - administrator - contributor - submitter - assessor - input data contains: obligations: true prohibitions: false permissions: false definitions: false penalties: false delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: [] external_references: [] recitals: [] - article_number: 9 article_title: Complaints-handling mechanism chunk_file: /bmr/chunks/bmr_t02_ch01_governance_of_and_control_by_administrat.md path: "Title II > Chapter 1 > Article 9" applies_to_entities: [] topics: - benchmarks - financial_markets - governance keywords: - benchmark - administrator contains: obligations: true prohibitions: false permissions: true definitions: false penalties: false delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: [] external_references: [] recitals: [] - article_number: 10 article_title: Outsourcing chunk_file: /bmr/chunks/bmr_t02_ch01_governance_of_and_control_by_administrat.md path: "Title II > Chapter 1 > Article 10" applies_to_entities: - competent_authorities topics: - benchmarks - financial_markets - governance - authorisation - outsourcing keywords: - authorisation - data - access - outsourcing - benchmark - provision of a benchmark - administrator contains: obligations: true prohibitions: true permissions: true definitions: false penalties: false delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: [] external_references: [] recitals: [] - article_number: 11 article_title: Input data chunk_file: /bmr/chunks/bmr_t02_ch02_input_data_methodology_and_reporting_of_.md path: "Title II > Chapter 2 > Article 11" deletions: - celex: "32025R0914" act: Regulation (EU) 2025/914 instrument_id: null position: within marker: M6 - celex: "32025R0914" act: Regulation (EU) 2025/914 instrument_id: null position: within marker: M6 applies_to_entities: - european_commission topics: - benchmarks - financial_markets keywords: - transaction - data - guidelines - benchmark - provision of a benchmark - administrator - contributor - expert judgement - input data - transaction data contains: obligations: true prohibitions: true permissions: true definitions: false penalties: true delegated_powers: true implementing_powers: false rts_mandate: true its_mandate: false transitional: false internal_references: - target: Article 15 external_references: - instrument_type: regulation reference: "1095/2010" recitals: [] - article_number: 12 article_title: Methodology chunk_file: /bmr/chunks/bmr_t02_ch02_input_data_methodology_and_reporting_of_.md path: "Title II > Chapter 2 > Article 12" applies_to_entities: - european_commission topics: - benchmarks - financial_markets keywords: - transaction - data - benchmark - administrator - input data - transaction data contains: obligations: true prohibitions: false permissions: true definitions: false penalties: false delegated_powers: true implementing_powers: false rts_mandate: true its_mandate: false transitional: false internal_references: [] external_references: - instrument_type: regulation reference: "1095/2010" recitals: [] - article_number: 13 article_title: Transparency of methodology chunk_file: /bmr/chunks/bmr_t02_ch02_input_data_methodology_and_reporting_of_.md path: "Title II > Chapter 2 > Article 13" deletions: - celex: "32025R0914" act: Regulation (EU) 2025/914 instrument_id: null position: within marker: M6 - celex: "32025R0914" act: Regulation (EU) 2025/914 instrument_id: null position: within marker: M6 - celex: "32025R0914" act: Regulation (EU) 2025/914 instrument_id: null position: within marker: M6 applies_to_entities: - european_commission topics: - benchmarks - financial_markets - information_requirements - securitisation keywords: - access - benchmark - family of benchmarks - administrator - financial instrument contains: obligations: true prohibitions: false permissions: false definitions: false penalties: false delegated_powers: true implementing_powers: false rts_mandate: true its_mandate: false transitional: false internal_references: - target: Article 49 external_references: - instrument_type: regulation reference: "1095/2010" recitals: [] - article_number: 14 article_title: Reporting of infringements chunk_file: /bmr/chunks/bmr_t02_ch02_input_data_methodology_and_reporting_of_.md path: "Title II > Chapter 2 > Article 14" applies_to_entities: - competent_authorities - european_commission topics: - benchmarks - financial_markets - enforcement keywords: - data - system - reporting - benchmark - administrator - contributor - input data contains: obligations: true prohibitions: false permissions: true definitions: false penalties: false delegated_powers: true implementing_powers: false rts_mandate: true its_mandate: false transitional: false internal_references: [] external_references: - instrument_type: regulation reference: "1095/2010" recitals: [] - article_number: 15 article_title: Code of conduct chunk_file: /bmr/chunks/bmr_t02_ch03_code_of_conduct_and_requirements_for_con.md path: "Title II > Chapter 3 > Article 15" applies_to_entities: - competent_authorities - european_commission topics: - benchmarks - financial_markets - authorisation - competent_authorities - conflicts_of_interest keywords: - authorisation - transaction - data - system - reporting - notification - benchmark - family of benchmarks - administrator - contribution of input data - contributor - submitter - input data - transaction data - critical benchmark contains: obligations: true prohibitions: false permissions: true definitions: false penalties: false delegated_powers: true implementing_powers: false rts_mandate: true its_mandate: false transitional: false internal_references: - target: Article 11 - target: Article 14 - target: Article 41 - target: Article 20 paragraph: "1" external_references: - instrument_type: regulation reference: "1095/2010" recitals: [] - article_number: 16 article_title: Governance and control requirements for supervised contributors chunk_file: /bmr/chunks/bmr_t02_ch03_code_of_conduct_and_requirements_for_con.md path: "Title II > Chapter 3 > Article 16" deletions: - celex: "32025R0914" act: Regulation (EU) 2025/914 instrument_id: null position: within marker: M6 - celex: "32025R0914" act: Regulation (EU) 2025/914 instrument_id: null position: within marker: M6 applies_to_entities: - competent_authorities - european_commission topics: - benchmarks - financial_markets - remuneration - conflicts_of_interest keywords: - supervision - data - system - benchmark - provision of a benchmark - administrator - contributor - supervised contributor - submitter - expert judgement - input data - financial instrument contains: obligations: true prohibitions: false permissions: true definitions: false penalties: false delegated_powers: true implementing_powers: false rts_mandate: true its_mandate: false transitional: false internal_references: - target: Article 15 external_references: - instrument_type: regulation reference: "1095/2010" recitals: [] - article_number: 17 article_title: Regulated-data benchmarks chunk_file: /bmr/chunks/bmr_t03_ch01_regulated_data_benchmarks.md path: "Title III > Chapter 1 > Article 17" applies_to_entities: [] topics: - benchmarks - financial_markets keywords: - data - benchmark - input data - financial instrument - financial contract - investment fund - regulated-data benchmark contains: obligations: true prohibitions: true permissions: false definitions: false penalties: false delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: - target: Article 11 paragraph: "1" - target: Article 11 paragraph: "2" - target: Article 11 paragraph: "3" - target: Article 14 paragraph: "1" - target: Article 14 paragraph: "2" - target: Article 15 - target: Article 16 - target: Article 8 paragraph: "1" - target: Article 3 paragraph: "1" - target: Article 24 - target: Article 25 - target: Article 26 external_references: [] recitals: [] - article_number: 18 article_title: Interest rate benchmarks chunk_file: /bmr/chunks/bmr_t03_ch02_interest_rate_benchmarks_and_spot_foreig.md path: "Title III > Chapter 2 > Article 18" applies_to_entities: [] topics: - benchmarks - financial_markets keywords: - benchmark - interest rate benchmark contains: obligations: true prohibitions: true permissions: false definitions: false penalties: false delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: - target: Article 25 external_references: [] recitals: [] - article_number: 18a article_title: Spot foreign exchange benchmarks chunk_file: /bmr/chunks/bmr_t03_ch02_interest_rate_benchmarks_and_spot_foreig.md path: "Title III > Chapter 2 > Article 18a" applies_to_entities: - european_commission topics: - benchmarks - financial_markets - implementing_acts keywords: - system - benchmark - administrator - spot foreign exchange benchmark - located contains: obligations: true prohibitions: false permissions: false definitions: false penalties: false delegated_powers: false implementing_powers: true rts_mandate: false its_mandate: false transitional: false internal_references: [] external_references: [] recitals: [] - article_number: 19 article_title: Commodity benchmarks based on contributed input data chunk_file: /bmr/chunks/bmr_t03_ch03_commodity_benchmarks_based_on_contribute.md path: "Title III > Chapter 3 > Article 19" applies_to_entities: [] topics: - benchmarks - financial_markets keywords: - data - benchmark - input data - commodity benchmark contains: obligations: true prohibitions: false permissions: false definitions: false penalties: false delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: - target: Article 10 external_references: [] recitals: [] - article_number: 19a article_title: EU Climate Transition Benchmarks and EU Paris-aligned Benchmarks chunk_file: /bmr/chunks/bmr_t03_ch03a_eu_climate_transition_benchmarks_and_eu_.md path: "Title III > Chapter 3A > Article 19a" applies_to_entities: [] topics: - benchmarks - financial_markets keywords: - benchmark - administrator - eu climate transition benchmark - eu paris-aligned benchmark - decarbonisation trajectory contains: obligations: true prohibitions: true permissions: false definitions: false penalties: false delegated_powers: true implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: - target: Article 49 - target: Article 36 external_references: [] recitals: [] - article_number: 19b article_title: Requirements for EU Climate Transition Benchmarks chunk_file: /bmr/chunks/bmr_t03_ch03a_eu_climate_transition_benchmarks_and_eu_.md path: "Title III > Chapter 3A > Article 19b" applies_to_entities: [] topics: - benchmarks - financial_markets keywords: - benchmark - administrator - eu climate transition benchmark - decarbonisation trajectory contains: obligations: true prohibitions: false permissions: false definitions: false penalties: false delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: [] external_references: [] recitals: [] - article_number: 19c article_title: Exclusions for EU Paris-aligned Benchmarks chunk_file: /bmr/chunks/bmr_t03_ch03a_eu_climate_transition_benchmarks_and_eu_.md path: "Title III > Chapter 3A > Article 19c" applies_to_entities: - european_commission topics: - benchmarks - financial_markets keywords: - benchmark - eu paris-aligned benchmark contains: obligations: true prohibitions: false permissions: false definitions: false penalties: false delegated_powers: true implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: - target: Article 49 external_references: [] recitals: [] - article_number: 19d article_title: Endeavour to provide EU Climate Transition Benchmarks chunk_file: /bmr/chunks/bmr_t03_ch03a_eu_climate_transition_benchmarks_and_eu_.md path: "Title III > Chapter 3A > Article 19d" applies_to_entities: [] topics: - benchmarks - financial_markets keywords: - benchmark - administrator - eu climate transition benchmark - significant benchmark - located contains: obligations: true prohibitions: false permissions: false definitions: false penalties: false delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: [] external_references: [] recitals: [] - article_number: 20 article_title: Critical benchmarks chunk_file: /bmr/chunks/bmr_t03_ch04_critical_benchmarks.md path: "Title III > Chapter 4 > Article 20" applies_to_entities: - member_states - competent_authorities - european_commission - consumers topics: - benchmarks - financial_markets - competent_authorities - committee_procedure - implementing_acts keywords: - supervision - consumer - data - notification - benchmark - administrator - contributor - input data - financial instrument - financial contract - investment fund - critical benchmark - located contains: obligations: true prohibitions: false permissions: true definitions: false penalties: false delegated_powers: true implementing_powers: true rts_mandate: false its_mandate: false transitional: false internal_references: - target: Article 50 paragraph: "2" - target: Article 49 - target: Article 24 paragraph: "1" external_references: [] recitals: [] - article_number: 21 article_title: Mandatory administration of a critical benchmark chunk_file: /bmr/chunks/bmr_t03_ch04_critical_benchmarks.md path: "Title III > Chapter 4 > Article 21" applies_to_entities: - competent_authorities - european_commission topics: - benchmarks - financial_markets - competent_authorities keywords: - consent - notification - benchmark - administrator - critical benchmark contains: obligations: true prohibitions: true permissions: true definitions: false penalties: false delegated_powers: true implementing_powers: false rts_mandate: true its_mandate: false transitional: false internal_references: - target: Article 28 paragraph: "1" - target: Article 46 external_references: - instrument_type: regulation reference: "1095/2010" recitals: [] - article_number: 22 article_title: Mitigation of market power of critical benchmark administrators chunk_file: /bmr/chunks/bmr_t03_ch04_critical_benchmarks.md path: "Title III > Chapter 4 > Article 22" applies_to_entities: [] topics: - benchmarks - financial_markets keywords: - licence - benchmark - administrator - critical benchmark contains: obligations: true prohibitions: false permissions: false definitions: false penalties: false delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: [] external_references: [] recitals: [] - article_number: 23 article_title: Mandatory contribution to a critical benchmark chunk_file: /bmr/chunks/bmr_t03_ch04_critical_benchmarks.md path: "Title III > Chapter 4 > Article 23" applies_to_entities: - member_states - competent_authorities topics: - benchmarks - financial_markets keywords: - data - notification - benchmark - administrator - contributor - supervised contributor - input data - supervised entity - critical benchmark - located contains: obligations: true prohibitions: true permissions: false definitions: true penalties: false delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: - target: Article 46 - target: Article 28 paragraph: "1" - target: Article 15 - target: Article 20 paragraph: "2" - target: Article 20 paragraph: "3" - target: Article 20 paragraph: "4" - target: Article 20 paragraph: "5" external_references: [] recitals: [] - article_number: 23a article_title: Scope of the statutory replacement of a benchmark chunk_file: /bmr/chunks/bmr_t03_ch04a_statutory_replacement_of_a_benchmark.md path: "Title III > Chapter 4A > Article 23a" applies_to_entities: - member_states topics: - benchmarks - financial_markets keywords: - benchmark - financial instrument contains: obligations: false prohibitions: false permissions: false definitions: false penalties: false delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: [] external_references: - instrument_type: directive reference: "2014/65/EU" recitals: [] - article_number: 23b article_title: Replacement of a benchmark by Union law chunk_file: /bmr/chunks/bmr_t03_ch04a_statutory_replacement_of_a_benchmark.md path: "Title III > Chapter 4A > Article 23b" applies_to_entities: - credit_institutions - member_states - competent_authorities - european_commission topics: - benchmarks - financial_markets - authorisation - competent_authorities - committee_procedure - implementing_acts keywords: - authorisation - data - consent - system - benchmark - administrator - contribution of input data - input data - financial instrument contains: obligations: true prohibitions: true permissions: true definitions: false penalties: false delegated_powers: false implementing_powers: true rts_mandate: false its_mandate: false transitional: false internal_references: - target: Article 20 paragraph: "1" - target: Article 23 - target: Article 35 - target: Article 32 paragraph: "8" - target: Article 33 paragraph: "6" - target: Article 23a - target: Article 50 paragraph: "2" external_references: [] recitals: [] - article_number: 23c article_title: Replacement of a benchmark by national law chunk_file: /bmr/chunks/bmr_t03_ch04a_statutory_replacement_of_a_benchmark.md path: "Title III > Chapter 4A > Article 23c" applies_to_entities: - member_states - competent_authorities - european_commission topics: - benchmarks - financial_markets - authorisation - competent_authorities keywords: - authorisation - benchmark - administrator - contributor - financial instrument - located contains: obligations: true prohibitions: true permissions: true definitions: false penalties: false delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: - target: Article 20 paragraph: "1" - target: Article 23 - target: Article 35 - target: Article 23a external_references: [] recitals: [] - article_number: 24 article_title: Significant benchmarks chunk_file: /bmr/chunks/bmr_t03_ch05_significant_benchmarks.md path: "Title III > Chapter 5 > Article 24" applies_to_entities: - member_states - competent_authorities - european_commission - consumers topics: - benchmarks - financial_markets - competent_authorities keywords: - consumer - data - notification - benchmark - administrator - input data - financial instrument - financial contract - investment fund - critical benchmark - significant benchmark - located contains: obligations: true prohibitions: false permissions: true definitions: false penalties: false delegated_powers: true implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: - target: Article 49 external_references: - instrument_type: regulation reference: "1095/2010" recitals: [] - article_number: 24a article_title: Requirements for administrators of significant benchmarks chunk_file: /bmr/chunks/bmr_t03_ch05_significant_benchmarks.md path: "Title III > Chapter 5 > Article 24a" applies_to_entities: - member_states - competent_authorities topics: - benchmarks - financial_markets - authorisation - competent_authorities keywords: - authorisation - sanction - notification - benchmark - administrator - significant benchmark - located contains: obligations: true prohibitions: false permissions: false definitions: false penalties: true delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: - target: Article 24 paragraph: "2" - target: Article 24 paragraph: "1" - target: Article 30 - target: Article 32 - target: Article 33 - target: Article 24 paragraph: "3" - target: Article 34 - target: Article 24 paragraph: "6" - target: Article 24 paragraph: "7" - target: Article 31 - target: Article 32 paragraph: "8" - target: Article 33 paragraph: "6" - target: Article 35 external_references: [] recitals: [] - article_number: 25 article_title: Exemptions from specific requirements for significant benchmarks chunk_file: /bmr/chunks/bmr_t03_ch05_significant_benchmarks.md path: "Title III > Chapter 5 > Article 25" deletions: - celex: "32025R0914" act: Regulation (EU) 2025/914 instrument_id: null position: after marker: M6 applies_to_entities: - competent_authorities - european_commission topics: - benchmarks - financial_markets - authorisation - competent_authorities - conflicts_of_interest keywords: - authorisation - data - notification - benchmark - administrator - input data - financial instrument - financial contract - investment fund - commodity benchmark - significant benchmark contains: obligations: true prohibitions: true permissions: true definitions: false penalties: false delegated_powers: true implementing_powers: false rts_mandate: true its_mandate: true transitional: false internal_references: - target: Article 4 paragraph: "2" - target: Article 4 paragraph: "7" - target: Article 11 paragraph: "3" - target: Article 15 paragraph: "2" - target: Article 34 - target: Article 41 external_references: - instrument_type: regulation reference: "1095/2010" - instrument_type: regulation reference: "1095/2010" recitals: [] - article_number: 27 article_title: Benchmark statement chunk_file: /bmr/chunks/bmr_t04_transparency_and_consumer_protection.md path: "Title IV > Article 27" applies_to_entities: - european_commission topics: - benchmarks - financial_markets - transparency - information_requirements - consumer_protection keywords: - transaction - data - access - index - benchmark - family of benchmarks - administrator - contributor - input data - transaction data - financial instrument - financial contract - investment fund - eu climate transition benchmark - eu paris-aligned benchmark contains: obligations: true prohibitions: false permissions: true definitions: true penalties: false delegated_powers: true implementing_powers: false rts_mandate: true its_mandate: false transitional: false internal_references: - target: Article 36 - target: Article 29 - target: Article 49 external_references: - instrument_type: regulation reference: "1095/2010" recitals: [] - article_number: 28 article_title: Changes to and cessation of a benchmark chunk_file: /bmr/chunks/bmr_t04_transparency_and_consumer_protection.md path: "Title IV > Article 28" applies_to_entities: - competent_authorities topics: - benchmarks - financial_markets - transparency - information_requirements - consumer_protection keywords: - benchmark - administrator - financial instrument - financial contract - investment fund contains: obligations: true prohibitions: false permissions: true definitions: false penalties: false delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: - target: Article 27 - target: Article 29 paragraph: "1" external_references: [] recitals: [] - article_number: 28a article_title: Accessibility of information on the European single access point chunk_file: /bmr/chunks/bmr_t04_transparency_and_consumer_protection.md path: "Title IV > Article 28a" applies_to_entities: - competent_authorities - european_commission topics: - benchmarks - financial_markets - transparency - information_requirements - consumer_protection - data_protection keywords: - data - access - guidelines - administrator contains: obligations: true prohibitions: false permissions: false definitions: false penalties: false delegated_powers: true implementing_powers: false rts_mandate: false its_mandate: true transitional: false internal_references: - target: Article 4 paragraph: "5" - target: Article 11 paragraph: "1" - target: Article 12 - target: Article 13 - target: Article 25 - target: Article 26 - target: Article 27 - target: Article 28 - target: Article 45 paragraph: "1" - target: Article 36 external_references: - instrument_type: regulation reference: "1095/2010" recitals: [] - article_number: 29 article_title: "Use of critical benchmarks, significant benchmarks, commodity benchmarks subject to Annex II, EU Climate Transition Benchmarks and EU Paris-aligned Benchmarks" chunk_file: /bmr/chunks/bmr_t05_use_of_benchmarks_in_the_union.md path: "Title V > Article 29" applies_to_entities: - competent_authorities topics: - benchmarks - financial_markets - competent_authorities - prospectus - trading_venues keywords: - transfer - benchmark - administrator - use of a benchmark - financial instrument - supervised entity - financial contract - investment fund - commodity benchmark - eu climate transition benchmark - eu paris-aligned benchmark - critical benchmark - significant benchmark contains: obligations: true prohibitions: true permissions: true definitions: false penalties: false delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: - target: Article 24a paragraph: "6" - target: Article 36 - target: Article 23b - target: Article 23c external_references: - instrument_type: regulation reference: "2017/1129" - instrument_type: directive reference: "2009/65/EC" recitals: [] - article_number: 30 article_title: Equivalence chunk_file: /bmr/chunks/bmr_t05_use_of_benchmarks_in_the_union.md path: "Title V > Article 30" applies_to_entities: - competent_authorities - european_commission topics: - benchmarks - financial_markets - authorisation - aml - committee_procedure keywords: - authorisation - supervision - access - consent - system - notification - benchmark - administrator - located contains: obligations: true prohibitions: false permissions: true definitions: false penalties: false delegated_powers: true implementing_powers: false rts_mandate: true its_mandate: false transitional: false internal_references: - target: Article 29 paragraph: "1" - target: Article 36 - target: Article 50 paragraph: "2" - target: Article 49 external_references: - instrument_type: regulation reference: "1095/2010" - instrument_type: directive reference: "2015/849" - instrument_type: regulation reference: "1095/2010" recitals: [] - article_number: 31 article_title: Withdrawal of registration of an administrator located in a third country chunk_file: /bmr/chunks/bmr_t05_use_of_benchmarks_in_the_union.md path: "Title V > Article 31" applies_to_entities: - competent_authorities - european_commission topics: - benchmarks - financial_markets keywords: - benchmark - administrator - located contains: obligations: true prohibitions: false permissions: false definitions: false penalties: false delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: - target: Article 36 - target: Article 30 paragraph: "2" external_references: [] recitals: [] - article_number: 32 article_title: Recognition of an administrator located in a third country chunk_file: /bmr/chunks/bmr_t05_use_of_benchmarks_in_the_union.md path: "Title V > Article 32" deletions: - celex: "32025R0914" act: Regulation (EU) 2025/914 instrument_id: null position: within marker: M6 - celex: "32019R2175" act: Regulation (EU) 2019/2175 instrument_id: null position: within marker: M2 - celex: "32019R2175" act: Regulation (EU) 2019/2175 instrument_id: null position: within marker: M2 applies_to_entities: - competent_authorities - european_commission topics: - benchmarks - financial_markets - enforcement keywords: - supervision - data - benchmark - administrator - commodity benchmark - eu climate transition benchmark - eu paris-aligned benchmark - regulated-data benchmark - significant benchmark - located contains: obligations: true prohibitions: true permissions: true definitions: true penalties: true delegated_powers: true implementing_powers: false rts_mandate: true its_mandate: false transitional: false internal_references: - target: Article 11 paragraph: "4" - target: Article 16 - target: Article 20 - target: Article 21 - target: Article 23 - target: Article 17 - target: Article 19 - target: Article 48e - target: Article 48f - target: Article 42 paragraph: "1" - target: Article 24 - target: Article 30 paragraph: "5" external_references: - instrument_type: regulation reference: "1095/2010" recitals: [] - article_number: 33 article_title: Endorsement of benchmarks provided in a third country chunk_file: /bmr/chunks/bmr_t05_use_of_benchmarks_in_the_union.md path: "Title V > Article 33" applies_to_entities: - competent_authorities topics: - benchmarks - financial_markets - authorisation keywords: - authorisation - transfer - data - benchmark - family of benchmarks - provision of a benchmark - administrator - contributor - input data - supervised entity - located contains: obligations: true prohibitions: true permissions: true definitions: false penalties: false delegated_powers: true implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: - target: Article 34 - target: Article 28 - target: Article 49 external_references: [] recitals: [] - article_number: 34 article_title: Authorisation and registration of an administrator chunk_file: /bmr/chunks/bmr_t06_ch01_authorisation_and_registration.md path: "Title VI > Chapter 1 > Article 34" applies_to_entities: - member_states - competent_authorities - european_commission topics: - benchmarks - financial_markets - authorisation - competent_authorities - information_requirements keywords: - authorisation - index - benchmark - family of benchmarks - provision of a benchmark - administrator - financial instrument - supervised entity - financial contract - investment fund - commodity benchmark - eu climate transition benchmark - eu paris-aligned benchmark - critical benchmark - significant benchmark - located contains: obligations: true prohibitions: false permissions: false definitions: false penalties: false delegated_powers: true implementing_powers: false rts_mandate: true its_mandate: false transitional: true internal_references: - target: Article 40 - target: Article 20 paragraph: "1" - target: Article 33 paragraph: "1" - target: Article 24a paragraph: "2" - target: Article 24a paragraph: "3" external_references: - instrument_type: regulation reference: "1095/2010" recitals: [] - article_number: 35 article_title: Withdrawal or suspension of authorisation or registration chunk_file: /bmr/chunks/bmr_t06_ch01_authorisation_and_registration.md path: "Title VI > Chapter 1 > Article 35" applies_to_entities: - member_states - competent_authorities topics: - benchmarks - financial_markets - authorisation - competent_authorities keywords: - authorisation - benchmark - administrator - financial instrument - financial contract - investment fund - located contains: obligations: true prohibitions: false permissions: true definitions: true penalties: false delegated_powers: true implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: - target: Article 36 - target: Article 51 paragraph: "6" - target: Article 28 paragraph: "2" external_references: [] recitals: [] - article_number: 36 article_title: Register of administrators and benchmarks chunk_file: /bmr/chunks/bmr_t06_ch01_authorisation_and_registration.md path: "Title VI > Chapter 1 > Article 36" applies_to_entities: - competent_authorities topics: - benchmarks - financial_markets - authorisation keywords: - supervision - access - benchmark - administrator - commodity benchmark - eu climate transition benchmark - eu paris-aligned benchmark - critical benchmark contains: obligations: true prohibitions: false permissions: true definitions: false penalties: false delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: - target: Article 34 - target: Article 30 paragraph: "1" - target: Article 32 - target: Article 33 - target: Article 24 paragraph: "2" - target: Article 24 paragraph: "3" - target: Article 24a paragraph: "6" external_references: [] recitals: [] - article_number: 37 article_title: Delegation of tasks between competent authorities chunk_file: /bmr/chunks/bmr_t06_ch02_supervisory_cooperation.md path: "Title VI > Chapter 2 > Article 37" applies_to_entities: - member_states - competent_authorities topics: - benchmarks - financial_markets - supervision - competent_authorities keywords: - consent - notification contains: obligations: true prohibitions: false permissions: true definitions: false penalties: false delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: [] external_references: - instrument_type: regulation reference: "1095/2010" recitals: [] - article_number: 38 article_title: Disclosure of information from another Member State chunk_file: /bmr/chunks/bmr_t06_ch02_supervisory_cooperation.md path: "Title VI > Chapter 2 > Article 38" applies_to_entities: - member_states - competent_authorities topics: - benchmarks - financial_markets - supervision keywords: [] contains: obligations: false prohibitions: false permissions: true definitions: false penalties: false delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: [] external_references: [] recitals: [] - article_number: 39 article_title: Cooperation on on-site inspections and investigations chunk_file: /bmr/chunks/bmr_t06_ch02_supervisory_cooperation.md path: "Title VI > Chapter 2 > Article 39" applies_to_entities: - competent_authorities topics: - benchmarks - financial_markets - supervision keywords: - cross-border contains: obligations: true prohibitions: false permissions: true definitions: false penalties: false delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: [] external_references: [] recitals: [] - article_number: 40 article_title: Competent authorities chunk_file: /bmr/chunks/bmr_t06_ch03_role_of_competent_authorities.md path: "Title VI > Chapter 3 > Article 40" applies_to_entities: - member_states - competent_authorities - european_commission topics: - benchmarks - financial_markets keywords: - benchmark - administrator - critical benchmark contains: obligations: true prohibitions: false permissions: false definitions: true penalties: false delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: - target: Article 20 paragraph: "1" - target: Article 32 - target: Article 33 external_references: [] recitals: [] - article_number: 41 article_title: Powers of competent authorities chunk_file: /bmr/chunks/bmr_t06_ch03_role_of_competent_authorities.md path: "Title VI > Chapter 3 > Article 41" applies_to_entities: - member_states - competent_authorities topics: - benchmarks - financial_markets - authorisation - outsourcing - competent_authorities keywords: - authorisation - sanction - transaction - data - access - system - benchmark - provision of a benchmark - administrator - contributor - supervised entity - commodity benchmark - eu climate transition benchmark - eu paris-aligned benchmark contains: obligations: true prohibitions: true permissions: true definitions: false penalties: true delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: - target: Article 40 paragraph: "2" - target: Article 10 - target: Article 24 paragraph: "3" - target: Article 42 external_references: [] recitals: [] - article_number: 42 article_title: Administrative sanctions and other administrative measures chunk_file: /bmr/chunks/bmr_t06_ch03_role_of_competent_authorities.md path: "Title VI > Chapter 3 > Article 42" applies_to_entities: - credit_institutions - member_states - competent_authorities - european_commission topics: - benchmarks - financial_markets - authorisation - competent_authorities - enforcement - sanctions - governance - consolidation keywords: - authorisation - sanction - notification - administrator - contributor - supervised contributor - supervised entity - management body contains: obligations: true prohibitions: false permissions: true definitions: false penalties: true delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: - target: Article 41 - target: Article 4 - target: Article 5 - target: Article 6 - target: Article 7 - target: Article 8 - target: Article 9 - target: Article 10 - target: Article 11 paragraph: "1" - target: Article 11 paragraph: "2" - target: Article 11 paragraph: "3" - target: Article 12 - target: Article 13 - target: Article 14 - target: Article 15 - target: Article 16 - target: Article 21 - target: Article 23 - target: Article 24 - target: Article 24a - target: Article 25 - target: Article 26 - target: Article 27 - target: Article 28 - target: Article 29 - target: Article 34 - target: Article 11 paragraph: "4" external_references: - instrument_type: directive reference: "2013/34/EU" recitals: [] - article_number: 43 article_title: Exercise of supervisory powers and imposition of sanctions chunk_file: /bmr/chunks/bmr_t06_ch03_role_of_competent_authorities.md path: "Title VI > Chapter 3 > Article 43" applies_to_entities: - member_states - competent_authorities topics: - benchmarks - financial_markets - competent_authorities - enforcement - sanctions keywords: - sanction - cross-border - benchmark contains: obligations: true prohibitions: false permissions: false definitions: false penalties: true delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: - target: Article 40 paragraph: "2" - target: Article 42 external_references: [] recitals: [] - article_number: 44 article_title: Obligation to cooperate chunk_file: /bmr/chunks/bmr_t06_ch03_role_of_competent_authorities.md path: "Title VI > Chapter 3 > Article 44" applies_to_entities: - member_states - competent_authorities topics: - benchmarks - financial_markets - competent_authorities - enforcement keywords: - sanction contains: obligations: true prohibitions: false permissions: true definitions: false penalties: true delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: - target: Article 42 - target: Article 40 paragraph: "2" - target: Article 40 paragraph: "3" external_references: [] recitals: [] - article_number: 45 article_title: Publication of decisions chunk_file: /bmr/chunks/bmr_t06_ch03_role_of_competent_authorities.md path: "Title VI > Chapter 3 > Article 45" applies_to_entities: - member_states - competent_authorities topics: - benchmarks - financial_markets - data_protection - competent_authorities - enforcement - sanctions keywords: - sanction - data - access contains: obligations: true prohibitions: true permissions: true definitions: false penalties: true delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: - target: Article 42 - target: Article 48f external_references: [] recitals: [] - article_number: 46 article_title: Colleges chunk_file: /bmr/chunks/bmr_t06_ch03_role_of_competent_authorities.md path: "Title VI > Chapter 3 > Article 46" applies_to_entities: - member_states - competent_authorities - european_commission - consumers topics: - benchmarks - financial_markets - authorisation - competent_authorities keywords: - authorisation - consumer - system - benchmark - administrator - contributor - supervised contributor - financial instrument - financial contract - investment fund - critical benchmark contains: obligations: true prohibitions: true permissions: true definitions: false penalties: false delegated_powers: true implementing_powers: false rts_mandate: false its_mandate: false transitional: true internal_references: - target: Article 20 paragraph: "1" - target: Article 23 paragraph: "7" - target: Article 23 paragraph: "8" - target: Article 23 paragraph: "6" - target: Article 23 paragraph: "9" - target: Article 34 - target: Article 35 - target: Article 42 - target: Article 51 paragraph: "6" - target: Article 15 - target: Article 28 paragraph: "2" - target: Article 34 paragraph: "6" external_references: - instrument_type: regulation reference: "1095/2010" - instrument_type: regulation reference: "1095/2010" - instrument_type: regulation reference: "1095/2010" - instrument_type: regulation reference: "1095/2010" recitals: [] - article_number: 47 article_title: Cooperation with ESMA chunk_file: /bmr/chunks/bmr_t06_ch03_role_of_competent_authorities.md path: "Title VI > Chapter 3 > Article 47" applies_to_entities: - competent_authorities - european_commission topics: - benchmarks - financial_markets keywords: [] contains: obligations: true prohibitions: false permissions: false definitions: true penalties: false delegated_powers: true implementing_powers: false rts_mandate: false its_mandate: true transitional: false internal_references: - target: Article 40 paragraph: "2" external_references: - instrument_type: regulation reference: "1095/2010" - instrument_type: regulation reference: "1095/2010" recitals: [] - article_number: 48 article_title: Professional secrecy chunk_file: /bmr/chunks/bmr_t06_ch03_role_of_competent_authorities.md path: "Title VI > Chapter 3 > Article 48" applies_to_entities: - competent_authorities topics: - benchmarks - financial_markets keywords: [] contains: obligations: true prohibitions: true permissions: true definitions: false penalties: false delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: [] external_references: [] recitals: [] - article_number: 48a article_title: Exercise of the powers by ESMA chunk_file: /bmr/chunks/bmr_t06_ch04_esma_powers_and_competences.md path: "Title VI > Chapter 4 > Section 1 > Article 48a" applies_to_entities: [] topics: - benchmarks - financial_markets - authorisation keywords: [] contains: obligations: true prohibitions: true permissions: false definitions: false penalties: false delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: [] external_references: [] recitals: [] - article_number: 48b article_title: Request for information chunk_file: /bmr/chunks/bmr_t06_ch04_esma_powers_and_competences.md path: "Title VI > Chapter 4 > Section 1 > Article 48b" applies_to_entities: - member_states - competent_authorities topics: - benchmarks - financial_markets - authorisation - outsourcing - competent_authorities keywords: - penalty - benchmark - contributor - critical benchmark contains: obligations: true prohibitions: false permissions: true definitions: false penalties: true delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: - target: Article 40 paragraph: "1" - target: Article 10 - target: Article 20 paragraph: "1" - target: Article 48f - target: Article 48g - target: Article 48k external_references: - instrument_type: regulation reference: "1095/2010" - instrument_type: regulation reference: "1095/2010" recitals: [] - article_number: 48c article_title: General investigations chunk_file: /bmr/chunks/bmr_t06_ch04_esma_powers_and_competences.md path: "Title VI > Chapter 4 > Section 1 > Article 48c" applies_to_entities: - member_states - competent_authorities topics: - benchmarks - financial_markets - authorisation - enforcement keywords: - authorisation - penalty - data - consent contains: obligations: true prohibitions: true permissions: true definitions: false penalties: true delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: - target: Article 48b paragraph: "1" - target: Article 48g - target: Article 48f external_references: - instrument_type: regulation reference: "1095/2010" recitals: [] - article_number: 48d article_title: On-site inspections chunk_file: /bmr/chunks/bmr_t06_ch04_esma_powers_and_competences.md path: "Title VI > Chapter 4 > Section 1 > Article 48d" applies_to_entities: - member_states - competent_authorities topics: - benchmarks - financial_markets - authorisation - competent_authorities - enforcement keywords: - authorisation - penalty contains: obligations: true prohibitions: true permissions: true definitions: false penalties: true delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: - target: Article 48b paragraph: "1" - target: Article 48c paragraph: "1" - target: Article 48g external_references: - instrument_type: regulation reference: "1095/2010" recitals: [] - article_number: 48e article_title: Supervisory measures by ESMA chunk_file: /bmr/chunks/bmr_t06_ch04_esma_powers_and_competences.md path: "Title VI > Chapter 4 > Section 2 > Article 48e" applies_to_entities: - member_states - competent_authorities - european_commission topics: - benchmarks - financial_markets - enforcement keywords: [] contains: obligations: true prohibitions: false permissions: false definitions: false penalties: true delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: - target: Article 48i paragraph: "5" - target: Article 42 paragraph: "1" - target: Article 48f external_references: - instrument_type: regulation reference: "1095/2010" recitals: [] - article_number: 48f article_title: Fines chunk_file: /bmr/chunks/bmr_t06_ch04_esma_powers_and_competences.md path: "Title VI > Chapter 4 > Section 2 > Article 48f" applies_to_entities: - member_states topics: - benchmarks - financial_markets - enforcement - governance - financial_statements - consolidation keywords: - management body contains: obligations: true prohibitions: false permissions: false definitions: false penalties: true delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: - target: Article 48i paragraph: "5" - target: Article 42 paragraph: "1" - target: Article 11 paragraph: "1" - target: Article 11 paragraph: "4" - target: Article 48e paragraph: "2" external_references: - instrument_type: directive reference: "2013/34/EU" recitals: [] - article_number: 48g article_title: Periodic penalty payments chunk_file: /bmr/chunks/bmr_t06_ch04_esma_powers_and_competences.md path: "Title VI > Chapter 4 > Section 2 > Article 48g" applies_to_entities: [] topics: - benchmarks - financial_markets - enforcement keywords: - penalty - data - notification contains: obligations: true prohibitions: false permissions: false definitions: false penalties: true delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: - target: Article 48e paragraph: "1" - target: Article 48b paragraph: "1" - target: Article 48b - target: Article 48c - target: Article 48d external_references: [] recitals: [] - article_number: 48h article_title: "Disclosure, nature, enforcement and allocation of fines and periodic penalty payments" chunk_file: /bmr/chunks/bmr_t06_ch04_esma_powers_and_competences.md path: "Title VI > Chapter 4 > Section 2 > Article 48h" applies_to_entities: - member_states - competent_authorities - european_commission topics: - benchmarks - financial_markets - liability - data_protection keywords: - penalty - data contains: obligations: true prohibitions: true permissions: false definitions: false penalties: true delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: - target: Article 48f - target: Article 48g external_references: - instrument_type: regulation reference: "2018/1725" recitals: [] - article_number: 48i article_title: Procedural rules for taking supervisory measures and imposing fines chunk_file: /bmr/chunks/bmr_t06_ch04_esma_powers_and_competences.md path: "Title VI > Chapter 4 > Section 3 > Article 48i" applies_to_entities: - competent_authorities - european_commission topics: - benchmarks - financial_markets - liability - enforcement keywords: - supervision - penalty - access - benchmark contains: obligations: true prohibitions: true permissions: true definitions: false penalties: true delegated_powers: true implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: - target: Article 42 paragraph: "1" - target: Article 48b - target: Article 48c - target: Article 48d - target: Article 48j - target: Article 48e - target: Article 48f - target: Article 49 external_references: [] recitals: [] - article_number: 48j article_title: Hearing of the persons subject to investigations chunk_file: /bmr/chunks/bmr_t06_ch04_esma_powers_and_competences.md path: "Title VI > Chapter 4 > Section 3 > Article 48j" applies_to_entities: [] topics: - benchmarks - financial_markets - liability keywords: - access - system contains: obligations: true prohibitions: true permissions: true definitions: false penalties: false delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: - target: Article 48f - target: Article 48g - target: Article 48e external_references: [] recitals: [] - article_number: 48k article_title: Review by the Court of Justice chunk_file: /bmr/chunks/bmr_t06_ch04_esma_powers_and_competences.md path: "Title VI > Chapter 4 > Section 3 > Article 48k" applies_to_entities: [] topics: - benchmarks - financial_markets keywords: - penalty contains: obligations: true prohibitions: false permissions: true definitions: false penalties: true delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: [] external_references: [] recitals: [] - article_number: 48l article_title: Supervisory fees chunk_file: /bmr/chunks/bmr_t06_ch04_esma_powers_and_competences.md path: "Title VI > Chapter 4 > Section 4 > Article 48l" applies_to_entities: - competent_authorities - european_commission topics: - benchmarks - financial_markets - refunds keywords: - supervision - administrator contains: obligations: true prohibitions: false permissions: true definitions: false penalties: false delegated_powers: true implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: - target: Article 40 paragraph: "1" - target: Article 48m - target: Article 49 external_references: [] recitals: [] - article_number: 48m article_title: Delegation of tasks by ESMA to competent authorities chunk_file: /bmr/chunks/bmr_t06_ch04_esma_powers_and_competences.md path: "Title VI > Chapter 4 > Section 4 > Article 48m" applies_to_entities: - member_states - competent_authorities topics: - benchmarks - financial_markets - authorisation - refunds keywords: - authorisation - guidelines - benchmark - critical benchmark contains: obligations: true prohibitions: true permissions: true definitions: false penalties: false delegated_powers: true implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: - target: Article 48b - target: Article 48c - target: Article 48d - target: Article 48l paragraph: "3" external_references: - instrument_type: regulation reference: "1095/2010" recitals: [] - article_number: 48n article_title: Transition measures related to ESMA chunk_file: /bmr/chunks/bmr_t06_ch04_esma_powers_and_competences.md path: "Title VI > Chapter 4 > Section 4 > Article 48n" applies_to_entities: - competent_authorities topics: - benchmarks - financial_markets - authorisation - competent_authorities keywords: - authorisation - transfer - benchmark - administrator - critical benchmark contains: obligations: true prohibitions: true permissions: false definitions: false penalties: false delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: - target: Article 40 paragraph: "1" - target: Article 40 paragraph: "2" - target: Article 20 paragraph: "1" - target: Article 32 external_references: [] recitals: [] - article_number: 49 article_title: Exercise of the delegation chunk_file: /bmr/chunks/bmr_t07_delegated_and_implementing_acts.md path: "Title VII > Article 49" applies_to_entities: - member_states - european_commission topics: - benchmarks - financial_markets - delegated_acts keywords: - notification contains: obligations: true prohibitions: true permissions: true definitions: false penalties: false delegated_powers: true implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: - target: Article 3 - target: Article 13 - target: Article 19a - target: Article 19c - target: Article 20 - target: Article 24 - target: Article 27 - target: Article 33 - target: Article 51 - target: Article 54 - target: Article 30 - target: Article 48i - target: Article 48l - target: Article 54 paragraph: "7" - target: Article 3 paragraph: "2" external_references: [] recitals: [] - article_number: 50 article_title: Committee procedure chunk_file: /bmr/chunks/bmr_t07_delegated_and_implementing_acts.md path: "Title VII > Article 50" applies_to_entities: [] topics: - benchmarks - financial_markets - delegated_acts - committee_procedure keywords: [] contains: obligations: true prohibitions: false permissions: false definitions: false penalties: false delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: [] external_references: [] recitals: [] - article_number: 51 article_title: Transitional provisions chunk_file: /bmr/chunks/bmr_t08_transitional_and_final_provisions.md path: "Title VIII > Article 51" applies_to_entities: - member_states - competent_authorities - european_commission topics: - benchmarks - financial_markets - final_provisions - transitional_provisions - authorisation - competent_authorities - implementing_acts keywords: - authorisation - data - index - index provider - benchmark - administrator - financial instrument - supervised entity - financial contract - investment fund - spot foreign exchange benchmark - commodity benchmark - eu climate transition benchmark - eu paris-aligned benchmark - critical benchmark - located contains: obligations: true prohibitions: true permissions: true definitions: false penalties: false delegated_powers: true implementing_powers: true rts_mandate: false its_mandate: false transitional: true internal_references: - target: Article 34 - target: Article 20 - target: Article 36 - target: Article 24 paragraph: "1" - target: Article 24a paragraph: "1" - target: Article 24 paragraph: "3" - target: Article 24a paragraph: "2" - target: Article 24 - target: Article 24 paragraph: "7" - target: Article 18a paragraph: "3" - target: Article 30 - target: Article 32 - target: Article 33 - target: Article 35 - target: Article 32 paragraph: "5" - target: Article 33 paragraph: "1" - target: Article 49 external_references: [] recitals: [] - article_number: 52 article_title: Deadline for updating the prospectuses and key information documents chunk_file: /bmr/chunks/bmr_t08_transitional_and_final_provisions.md path: "Title VIII > Article 52" applies_to_entities: [] topics: - benchmarks - financial_markets - final_provisions - transitional_provisions keywords: [] contains: obligations: true prohibitions: false permissions: false definitions: false penalties: false delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: - target: Article 29 paragraph: "2" external_references: - instrument_type: directive reference: "2009/65/EC" recitals: [] - article_number: 53 article_title: ESMA reviews chunk_file: /bmr/chunks/bmr_t08_transitional_and_final_provisions.md path: "Title VIII > Article 53" deletions: - celex: "32025R0914" act: Regulation (EU) 2025/914 instrument_id: null position: within marker: M6 applies_to_entities: - competent_authorities topics: - benchmarks - financial_markets - final_provisions - transitional_provisions keywords: [] contains: obligations: true prohibitions: false permissions: false definitions: false penalties: false delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: - target: Article 51 paragraph: "2" - target: Article 25 paragraph: "2" - target: Article 24 paragraph: "1" external_references: [] recitals: [] - article_number: 54 article_title: Review chunk_file: /bmr/chunks/bmr_t08_transitional_and_final_provisions.md path: "Title VIII > Article 54" applies_to_entities: - competent_authorities - european_commission topics: - benchmarks - financial_markets - final_provisions - transitional_provisions - authorisation keywords: - authorisation - supervision - guidelines - benchmark - administrator - eu climate transition benchmark - eu paris-aligned benchmark - critical benchmark contains: obligations: true prohibitions: false permissions: false definitions: false penalties: false delegated_powers: true implementing_powers: false rts_mandate: false its_mandate: false transitional: true internal_references: - target: Article 20 - target: Article 21 - target: Article 23 - target: Article 3 paragraph: "1" - target: Article 46 - target: Article 19 paragraph: "2" - target: Article 49 - target: Article 51 paragraph: "2" - target: Article 51 paragraph: "5" external_references: [] recitals: [] - article_number: 55 article_title: Notification of benchmarks referenced and their administrators chunk_file: /bmr/chunks/bmr_t08_transitional_and_final_provisions.md path: "Title VIII > Article 55" applies_to_entities: [] topics: - benchmarks - financial_markets - final_provisions - transitional_provisions keywords: - notification - benchmark - administrator - financial instrument contains: obligations: true prohibitions: false permissions: false definitions: false penalties: false delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: [] external_references: [] recitals: [] - article_number: 56 article_title: Amendments to Regulation (EU) No 596/2014 chunk_file: /bmr/chunks/bmr_t08_transitional_and_final_provisions.md path: "Title VIII > Article 56" applies_to_entities: - european_commission topics: - benchmarks - financial_markets - final_provisions - transitional_provisions - investment_funds keywords: - transaction - notification - financial instrument contains: obligations: true prohibitions: true permissions: false definitions: false penalties: false delegated_powers: true implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: [] external_references: [] recitals: [] - article_number: 57 article_title: Amendments to Directive 2008/48/EC chunk_file: /bmr/chunks/bmr_t08_transitional_and_final_provisions.md path: "Title VIII > Article 57" applies_to_entities: - member_states - european_commission - consumers topics: - benchmarks - financial_markets - final_provisions - transitional_provisions keywords: - consumer - benchmark - administrator contains: obligations: true prohibitions: false permissions: true definitions: false penalties: false delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: [] external_references: - instrument_type: directive reference: "2008/48/EC" - instrument_type: regulation reference: "2016/1011" recitals: [] - article_number: 58 article_title: Amendments to Directive 2014/17/EU chunk_file: /bmr/chunks/bmr_t08_transitional_and_final_provisions.md path: "Title VIII > Article 58" applies_to_entities: - member_states - european_commission - consumers topics: - benchmarks - financial_markets - final_provisions - transitional_provisions keywords: - consumer - benchmark - administrator contains: obligations: true prohibitions: true permissions: false definitions: false penalties: false delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: false internal_references: [] external_references: - instrument_type: regulation reference: "2016/1011" recitals: [] - article_number: 59 article_title: Entry into force chunk_file: /bmr/chunks/bmr_t08_transitional_and_final_provisions.md path: "Title VIII > Article 59" applies_to_entities: [] topics: - benchmarks - financial_markets - final_provisions - transitional_provisions keywords: [] contains: obligations: true prohibitions: false permissions: false definitions: false penalties: false delegated_powers: false implementing_powers: false rts_mandate: false its_mandate: false transitional: true internal_references: - target: Article 3 - target: Article 5 - target: Article 11 - target: Article 13 - target: Article 15 - target: Article 16 - target: Article 21 - target: Article 23 - target: Article 25 - target: Article 26 - target: Article 27 - target: Article 30 - target: Article 32 - target: Article 33 - target: Article 34 - target: Article 46 - target: Article 47 - target: Article 51 - target: Article 56 external_references: [] recitals: []