On 24 March 2022, the European Commission published the adopted text of an Implementing Regulation which amends the implementing technical standards laid down in Implementing Regulation (EU) 2016/1646 as regards the main indices and recognised exchanges in accordance with the Capital Requirements Regulation (CRR).

The Implementing Regulation adopted by the Commission amends Commission Implementing Regulation (EU) 2016/1646 by:

  • Updating criteria used to identify the main indices whose components can be used as collateral.
  • Including those third country exchanges for which the Commission has adopted an equivalence decision pursuant to Article 25(4), point (a), of MiFID II so that it reflects the CRR II amendment to the CRR definition of recognised exchange.
  • Exclude from the list of recognised exchanges those exchanges established in the United Kingdom given that the Commission has not yet adopted an equivalence decision.

The Implementing Regulation will enter into force on the twentieth day following that of its publication in the Official Journal of the European Union.