On 24 March 2025, the Council of the EU issued a press release stating that it had adopted the proposed Regulation amending the Benchmarks Regulation as regards the scope of the rules for benchmarks, the use in the Union of benchmarks provided by an administrator located in a third country, and certain reporting requirements.

Next steps

The final text of the draft Regulation will be published in the Official Journal of the EU, will enter into force, and apply from 1 January 2026.