The European Commission has published four draft delegated regulations supplementing the Benchmarks Regulation (BMR). The draft delegated regulations set out:

1. technical elements of the definitions set out in the BMR (link);

2. conditions to assess impacts of cessation or changing of a benchmark (link);

3. application of qualitative criteria for critical benchmarks (link);  and

4. calculation of total values of references to benchmarks (link).

The drafts are open for consultation until 20 July 2017.

Publication of delegated act on conditions for endorsement of third-country administrators and draft regulatory technical standards is still pending.