#32026D1096EU position on adding ESMA benchmark supervision rules to the EEA Agreement
AI-generated summary for informational purposes only. Not legal advice. See the original source for the authoritative text.
🇬🇧 English
This decision sets the EU’s position for updating the EEA Agreement so that several EU rules on the supervision of certain benchmark administrators by ESMA can also apply across the European Economic Area. The rules being added cover ESMA’s supervisory procedures and related fees for benchmark administrators.
AI-generated summary. May contain errors. Refer to official sources for legal decisions.
Key Changes
- Sets the EU position for an EEA Joint Committee amendment to Annex IX on financial services
- Supports adding EU rules on ESMA supervisory procedures for certain benchmark administrators to the EEA Agreement
- Supports adding EU rules on supervisory fees charged by ESMA for those benchmark administrators
Affected Parties
Benchmark administrators subject to ESMA supervisionFinancial services firms using regulated benchmarks+1 more…
Tags
financial services,benchmarks,ESMA…