Commission Delegated Regulation (EU) 2018/1642 Article 1: Vulnerability of the benchmark to manipulation

Article 1 - Vulnerability of the benchmark to manipulation

Article 1

Vulnerability of the benchmark to manipulation

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The further criteria to be considered by the competent authority under Article 25(3) of Regulation (EU) 2016/1011 in taking into account the vulnerability of the benchmark to manipulation shall include at least the following:

((a))

whether the benchmark is based on transaction data;

((b))

whether the contributors are supervised entities;

((c))

whether measures apply that increase the robustness of the input data;

((d))

whether the administrator's organisational structure reduces incentives to manipulation;

((e))

whether the administrator has a financial interest in financial instruments, financial contracts or investment funds referencing the benchmark;

((f))

whether there are proven cases of manipulation of the same benchmark or a benchmark with a similar methodology provided by an administrator of similar size and organisational structure.