rec_14

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) · European Union

(14) Considering that the replacement of a benchmark might require changes to contracts, or to financial instruments as defined in Directive 2014/65/EU, that reference such benchmarks where those changes are necessary for the practical use or application of such replacement for a benchmark, the Commission should be empowered to lay down the corresponding essential conforming changes in the implementing act.

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Source: EUR-Lex (Cellar) · retrieved 2026-10-18 · Text as adopted (Official Journal); later amendments are not incorporated in this text.