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Recital 2

Recital 2

(2)That Regulation applies since 1 January 2018 and non-Union administrators benefited from a transitional period allowing for the use of third-country benchmarks in the Union. That transitional period was extended several times, most recently by Commission Delegated Regulation (EU) 2023/2222 2 until 31 December 2025.

  1. 2 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 Regulation (EU) 2016/1011 of the European Parliament and the Council ( OJ L, 2023/2222, 23.10.2023, ELI: http://data.europa.eu/eli/reg_del/2023/2222/oj ). ↩
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