What changes on 01/01/2022

The text in force from 13/02/2021 compared with the text from 01/01/2022, which includes the changes made by Regulation (EU) 2019/2175.

Read the act as of 01/01/2022 · other versions: 10/12/2019 · 13/02/2021 · 09/01/2024 · 17/01/2025 · 01/01/2026

Title I

• amended Article 3 - Definitions

Title II › Chapter 1

• amended Article 4 - Governance and conflict of interest requirements

Title II › Chapter 2

• amended Article 12 - Methodology
• amended Article 14 - Reporting of infringements

Title III › Chapter 4

• amended Article 20 - Critical benchmarks
• amended Article 21 - Mandatory administration of a critical benchmark
• amended Article 23 - Mandatory contribution to a critical benchmark

Title III › Chapter 6

• amended Article 26 - Non-significant benchmarks

Title V

• amended Article 30 - Equivalence
• amended Article 32 - Recognition of an administrator located in a third country

Title VI › Chapter 1

• amended Article 34 - Authorisation and registration of an administrator

Title VI › Chapter 3

• amended Article 40 - Competent authorities
• amended Article 41 - Powers of competent authorities
• amended Article 42 - Administrative sanctions and other administrative measures
• amended Article 43 - Exercise of supervisory powers and imposition of sanctions
• amended Article 44 - Obligation to cooperate
• amended Article 45 - Publication of decisions
• amended Article 46 - Colleges
• amended Article 47 - Cooperation with ESMA

Title VI › Chapter 4 › Section 1

• inserted Article 48a - Exercise of the powers by ESMA
• inserted Article 48b - Request for information
• inserted Article 48c - General investigations
• inserted Article 48d - On-site inspections

Title VI › Chapter 4 › Section 2

• inserted Article 48e - Supervisory measures by ESMA
• inserted Article 48f - Fines
• inserted Article 48g - Periodic penalty payments
• inserted Article 48h - Disclosure, nature, enforcement and allocation of fines and periodic penalty payments

Title VI › Chapter 4 › Section 3

• inserted Article 48i - Procedural rules for taking supervisory measures and imposing fines
• inserted Article 48j - Hearing of the persons subject to investigations
• inserted Article 48k - Review by the Court of Justice

Title VI › Chapter 4 › Section 4

• inserted Article 48l - Supervisory fees
• inserted Article 48m - Delegation of tasks by ESMA to competent authorities
• inserted Article 48n - Transition measures related to ESMA

Title VII

• amended Article 49 - Exercise of the delegation

Title VIII

• amended Article 53 - ESMA reviews
• amended Article 58 - Amendments to Directive 2014/17/EU
• amended Article 59 - Entry into force

Outside any heading

• amended Annex III - EU Climate Transition Benchmarks and EU Paris-aligned Benchmarks