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This communication is addressed to all entities which are subject to the CSSF’s supervision and which are using benchmarks (Concerned Entities).
Extension of transitional provisions
The CSSF draws the Concerned Entities’ attention to the fact that the transitional provisions provided for by the Benchmark Regulation(1) have been extended until 31 December 2021(2) with respect to the use of benchmarks provided by third country administrators and benchmarks which have been declared as critical by the European Commission. A detailed list of permitted uses may be found under the last bullet point hereunder.
Information and fallback provisions
Concerned Entities are reminded that they...
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