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Council of the EU and EU Parliament reach provisional deal on benchmark reform

Published on: 13 December 2024
Published by LNB News

LNB News 13/12/2024

Document Information

Issue Date: 13 December 2024

Published Date: 13 December 2024

Jurisdiction(s): Eire and European Union

Article summary

The Council of the EU and the European Parliament have announced a provisional agreement on a proposal to streamline benchmark authorisation and registration requirements, and to alleviate the burden on EU companies, particularly smaller benchmark administrators and benchmark users. The provisional agreement needs to be confirmed by both institutions before being prepared for formal adoption.

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