lexiara

(g)

paragraph 8 is replaced by the following: ‘8. ESMA shall suspend or, where appropriate, withdraw the recognition granted in accordance with paragraph 5 where it has well-founded reasons, based on documented evidence, to consider that the administrator: (a) is acting in a manner which is clearly prejudicial to the interests of users of its benchmarks or to the orderly functioning of markets; (b) has seriously infringed the relevant requirements set out in this Regulation; (c) made false statements or used any other irregular means to obtain the recognition.’;

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Source: EUR-Lex (Cellar) · retrieved 2026-10-14 · Text as adopted (Official Journal); later amendments are not incorporated in this text.