Benchmarks Regulation: every version and what changed

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 (Text with EEA relevance)

32016R1011 · Finance · newest amendment in force 1 January 2026

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Versions, newest first

What the tags on these versions mean

Version in force 1 January 2026

Made by Regulation (EU) 2025/914 32025R0914 on EUR-Lex (external, EUR-Lex)

Regulation (EU) 2025/914 of the European Parliament and of the Council of 7 May 2025 amending Regulation (EU) 2016/1011 as regards the scope of the rules for benchmarks, the use in the Union of benchmarks provided by an administrator located in a third country, and certain reporting requirements (Text with EEA relevance)

30 changes in this version

26 substantive
4 without text
5 where sources differ
4 without an explanation

02016R1011-20250117 → 02016R1011-20260101

Version in force 17 January 2025

Made by Regulation (EU) 2022/2554 32022R2554 on EUR-Lex (external, EUR-Lex)

Regulation (EU) 2022/2554 of the European Parliament and of the Council of 14 December 2022 on digital operational resilience for the financial sector and amending Regulations (EC) No 1060/2009, (EU) No 648/2012, (EU) No 600/2014, (EU) No 909/2014 and (EU) 2016/1011 (Text with EEA relevance)

1 change in this version

All explained

02016R1011-20240109 → 02016R1011-20250117

Version in force 9 January 2024

Made by Regulation (EU) 2023/2869 32023R2869 on EUR-Lex (external, EUR-Lex)

Regulation (EU) 2023/2869 of the European Parliament and of the Council of 13 December 2023 amending certain Regulations as regards the establishment and functioning of the European single access point (Text with EEA relevance)

1 change in this version

All explained

02016R1011-20220101 → 02016R1011-20240109

Version in force 1 January 2022

Made by Regulation (EU) 2019/2175 32019R2175 on EUR-Lex (external, EUR-Lex)

Regulation (EU) 2019/2175 of the European Parliament and of the Council of 18 December 2019 amending Regulation (EU) No 1093/2010 establishing a European Supervisory Authority (European Banking Authority), Regulation (EU) No 1094/2010 establishing a European Supervisory Authority (European Insurance and Occupational Pensions Authority), Regulation (EU) No 1095/2010 establishing a European Supervisory Authority (European Securities and Markets Authority), Regulation (EU) No 600/2014 on markets in financial instruments, Regulation (EU) 2016/1011 on indices used as benchmarks in financial instruments and financial contracts or to measure the performance of investment funds, and Regulation (EU) 2015/847 on information accompanying transfers of funds (Text with EEA relevance) (Text with EEA relevance)

34 changes in this version

14 where sources differ
All explained

02016R1011-20210213 → 02016R1011-20220101

Version in force 13 February 2021

Made by Regulation (EU) 2021/168 32021R0168 on EUR-Lex (external, EUR-Lex)

Regulation (EU) 2021/168 of the European Parliament and of the Council of 10 February 2021 amending Regulation (EU) 2016/1011 as regards the exemption of certain third-country spot foreign exchange benchmarks and the designation of replacements for certain benchmarks in cessation, and amending Regulation (EU) No 648/2012 (Text with EEA relevance)

11 changes in this version

3 where sources differ
All explained

02016R1011-20191210 → 02016R1011-20210213

Version in force 10 December 2019

Made by Regulation (EU) 2019/2089 32019R2089 on EUR-Lex (external, EUR-Lex)

Regulation (EU) 2019/2089 of the European Parliament and of the Council of 27 November 2019 amending Regulation (EU) 2016/1011 as regards EU Climate Transition Benchmarks, EU Paris-aligned Benchmarks and sustainability-related disclosures for benchmarks (Text with EEA relevance)

14 changes in this version

5 where sources differ
All explained

32016R1011 → 02016R1011-20191210

Index of this act

Touched provisions

Art. 2 Modified Scope
Art. 3 Modified Definitions
Art. 4 Modified Governance and conflict of interest requirements
Art. 5 Modified
Art. 6 Modified Control framework requirements
Art. 11 Modified
Art. 12 Modified Methodology
Art. 13 Modified Transparency of methodology
Art. 14 Modified Reporting of infringements
Art. 16 Modified
Art. 18 Modified Interest rate benchmarks
Art. 18a Modified Inserted Spot foreign exchange benchmarks
Art. 19 Modified Commodity benchmarks based on contributed input data
Art. 19a Modified Inserted EU Climate Transition Benchmarks and EU Paris-aligned Benchmarks
Art. 19b Inserted Requirements for EU Climate Transition Benchmarks
Art. 19c Inserted Exclusions for EU Paris-aligned Benchmarks
Art. 19d Inserted Endeavour to provide EU Climate Transition Benchmarks
Art. 20 Modified Critical benchmarks
Art. 21 Modified Mandatory administration of a critical benchmark
Art. 23 Modified Mandatory contribution to a critical benchmark
Art. 23a Inserted Scope of the statutory replacement of a benchmark
Art. 23b Inserted Replacement of a benchmark by Union law
Art. 23c Inserted Replacement of a benchmark by national law
Art. 24 Modified Significant benchmarks
Art. 24a Inserted Requirements for administrators of significant benchmarks
Art. 25 Modified Exemptions from specific requirements for significant benchmarks
Art. 26 Modified Non-significant benchmarks
Art. 27 Modified Benchmark statement
Art. 28 Modified Changes to and cessation of a benchmark
Art. 28a Inserted Accessibility of information on the European single access point
Art. 29 Modified Use of critical benchmarks, significant benchmarks, commodity benchmarks subject to Annex II, EU Climate Transition Benchmarks and EU Paris-aligned Benchmarks
Art. 30 Modified Equivalence
Art. 32 Modified Recognition of an administrator located in a third country
Art. 33 Modified Endorsement of benchmarks provided in a third country
Art. 34 Modified Authorisation and registration of an administrator
Art. 36 Modified Register of administrators and benchmarks
Art. 40 Modified Competent authorities
Art. 41 Modified Powers of competent authorities
Art. 42 Modified Administrative sanctions and other administrative measures
Art. 43 Modified Exercise of supervisory powers and imposition of sanctions
Art. 44 Modified Obligation to cooperate
Art. 45 Modified Publication of decisions
Art. 46 Modified Colleges
Art. 47 Modified Cooperation with ESMA
Art. 48a Inserted Exercise of the powers by ESMA
Art. 48b Inserted Request for information
Art. 48c Inserted General investigations
Art. 48d Inserted On-site inspections
Art. 48e Inserted Supervisory measures by ESMA
Art. 48f Modified Inserted Fines
Art. 48g Inserted Periodic penalty payments
Art. 48h Inserted Disclosure, nature, enforcement and allocation of fines and periodic penalty payments
Art. 48i Modified Inserted Procedural rules for taking supervisory measures and imposing fines
Art. 48j Inserted Hearing of the persons subject to investigations
Art. 48k Inserted Review by the Court of Justice
Art. 48l Inserted Supervisory fees
Art. 48m Inserted Delegation of tasks by ESMA to competent authorities
Art. 48n Modified Inserted Transition measures related to ESMA
Art. 49 Modified Exercise of the delegation
Art. 51 Modified Transitional provisions
Art. 53 Modified
Art. 54 Modified Review
Annex III Inserted

Versions

1 January 2026 by Regulation (EU) 2025/914
17 January 2025 by Regulation (EU) 2022/2554
9 January 2024 by Regulation (EU) 2023/2869
1 January 2022 by Regulation (EU) 2019/2175
13 February 2021 by Regulation (EU) 2021/168
10 December 2019 by Regulation (EU) 2019/2089

Dates named

Dates the amended text names

Every date an amendment added to or removed from a provision's text, as the parser read it, with the provision and the version. This is a list of dates the text contains. Whether a provision applies from one of them is stated for each change under "applies from", and nowhere else.

44 dates

2015-05-20 added to Art. 30 · in force 2022-01-01
2016-06-30 removed from Art. 49 · in force 2019-12-10
2016-10-05 added to Art. 3 · in force 2019-12-10
2017-06-14 added to Art. 29 · in force 2026-01-01
2018-01-01 removed from Art. 24 · in force 2026-01-01
2019-11-27 added to Art. 27 · in force 2019-12-10
2019-12-09 added to Art. 27 · in force 2019-12-10
2019-12-09 removed from Art. 27 · in force 2026-01-01
2019-12-10 added to Art. 49 · in force 2019-12-10
2019-12-10 removed from Art. 49 · in force 2026-01-01
2019-12-30 added to Art. 49 · in force 2022-01-01
2020-04-01 added to Art. 54 · in force 2019-12-10
2020-04-01 removed from Art. 54 · in force 2021-02-13
2020-04-30 added to Art. 13 · in force 2019-12-10
2020-04-30 added to Art. 27 · in force 2019-12-10
2020-04-30 removed from Art. 27 · in force 2026-01-01
2020-10-01 added to Art. 4 · in force 2022-01-01
2020-10-01 added to Art. 12 · in force 2022-01-01
2020-10-01 added to Art. 14 · in force 2022-01-01
2020-10-01 added to Art. 21 · in force 2022-01-01
2020-10-01 added to Art. 26 · in force 2022-01-01
2021-02-13 added to Art. 49 · in force 2021-02-13
2021-12-31 added to Art. 27 · in force 2019-12-10
2021-12-31 removed from Art. 27 · in force 2026-01-01
2021-12-31 added to Art. 51 · in force 2019-12-10
2022-12-14 added to Art. 6 · in force 2025-01-17
2022-12-31 removed from Art. 18a · in force 2026-01-01
2022-12-31 added to Art. 54 · in force 2019-12-10
2023-06-15 removed from Art. 18a · in force 2026-01-01
2023-06-15 added to Art. 54 · in force 2021-02-13
2023-12-31 added to Art. 51 · in force 2021-02-13
2024-03-11 added to Art. 49 · in force 2019-12-10
2024-03-11 removed from Art. 49 · in force 2026-01-01
2024-06-30 added to Art. 49 · in force 2026-01-01
2025-10-01 added to Art. 48n · in force 2026-01-01
2025-12-31 added to Art. 51 · in force 2026-01-01
2025-12-31 added to Art. 54 · in force 2021-02-13
2026-01-01 added to Art. 48n · in force 2026-01-01
2026-06-09 added to Art. 18a · in force 2026-01-01
2026-09-30 added to Art. 51 · in force 2026-01-01
2027-01-01 added to Art. 51 · in force 2026-01-01
2028-12-31 added to Art. 24 · in force 2026-01-01
2029-06-30 added to Art. 54 · in force 2026-01-01
2029-12-31 added to Art. 49 · in force 2026-01-01