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Preamble

Preamble

COMMISSION IMPLEMENTING REGULATION (EU) 2021/1848

of 21 October 2021

on the designation of a replacement for the benchmark Euro overnight index average

(Text with EEA relevance)

THE EUROPEAN COMMISSION,

Having regard to the Treaty on the Functioning of the European Union,

Having regard to Regulation (EU) 2016/1011 1 of the European Parliament and of the Council, and in particular Article 23b(8) thereof,

Whereas:

HAS ADOPTED THIS REGULATION:

  1. 1 Regulation (EU) 2016/1011 of the European Parliament and of the Council of 8 June 2016 on indices used as benchmarks in financial instruments and financial contracts or to measure the performance of investment funds and amending Directives 2008/48/EC and 2014/17/EU and Regulation (EU) No 596/2014 ( OJ L 171, 29.6.2016, p. 1 ). ↩
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