On 1 March 2023, the European Commission published a Call for Evidence: Review of the scope and third-country regime of the Benchmark Regulation.

This initiative carries out a review mandate for the Commission to check whether the scope of the EU rules for financial benchmarks, as well as the rules for the use of non-EU financial benchmarks, are still fit for purpose.

The Commission will propose to amend the rules, in particular, to ensure EU banks and investment funds retain access to the broadest array of the world’s benchmarks.

The deadline for feedback to the Call for Evidence is 29 March 2023 (midnight Brussels time).