On 23 October 2023, there was published in the Official Journal of the European Union (OJ) Commission Delegated Regulation (EU) 2023/2222 of 14 July 2023 extending the transitional period laid down for third-country benchmarks in Article 51(5) of the EU Benchmarks Regulation.

The Commission Delegated Regulation extends the transitional period by two years until 31 December 2025, to allow supervised entities in the EU to use benchmarks provided by an administrator located in a third country so that they can continue their business activities.

The Commission Delegated Regulation will enter into force on 26 October 2023.