On 30 April 2026, the European Securities and Markets Authority (ESMA) issued a public statement on transitional provisions under the Benchmarks Regulation (BMR) review.
The public statement sets out a BMR review timeline and then a table which includes information in relation to the applications for recognition and endorsement by third country benchmark administrators for which, as of the date of publication, the decision by ESMA is still pending. ESMA then sets out a further table that includes the list of administrators that are still included in the BMR register but, based on current information on the use of their benchmarks, are outside the scope of the BMR and will be removed from the register as of 1 October 2026, except if (1) any of their benchmarks will fall within the scope of the BMR in the meantime or, (2) the EU administrator requests to opt-in one or more benchmarks that it provides and fulfil the relevant conditions.