rec_16

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

(16) Where a Member State accedes to the euro area and a subsequent lack of input data for computing a national benchmark requires the replacement of that benchmark, it should be possible for that Member State to provide for the transition from that national benchmark to a replacement for it. In such a case, that Member State should take into account the status of consumers as contracting parties and ensure that they are not negatively affected, to a greater extent than necessary, by such transition.

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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.