Article 19c | BMR | Regulation 2016/1011

Article 19c - Regulation 2016/1011 (BMR)

Article 19c

Exclusions for EU Paris-aligned Benchmarks

The Commission is empowered to adopt a delegated act in accordance with Article 49 in order to supplement this Regulation by identifying, in respect of EU Paris-aligned Benchmarks, the sectors to be excluded because they do not have measurable carbon emission reduction targets with specific deadlines that are aligned with the objectives of the Paris Agreement. The Commission shall adopt that delegated act by 1 January 2021 and update it every three years.

When drawing up the delegated act referred to in paragraph 1, the Commission shall take into account the work of the TEG.

Recitals

TITLE I - SUBJECT MATTER, SCOPE AND DEFINITIONS (Article 1-3)

TITLE II - BENCHMARK INTEGRITY AND RELIABILITY (Article 4-16)

TITLE III - REQUIREMENTS FOR DIFFERENT TYPES OF BENCHMARKS (Article 17-26)

CHAPTER 1 - Regulated-data benchmarks (Article 17)

CHAPTER 2 - Interest rate benchmarks and spot foreign exchange benchmarks (Article 18-18a)

CHAPTER 3 - Commodity benchmarks (Article 19)

CHAPTER 3A - EU Climate Transition Benchmarks and EU Paris-aligned Benchmarks (Article 19a-19d)Article 19a - EU Climate Transition Benchmarks and EU Paris-aligned Benchmarks DAQ&A Article 19b - Requirements for EU Climate Transition Benchmarks Article 19c - Exclusions for EU Paris-aligned Benchmarks Article 19d - Endeavour to provide EU Climate Transition Benchmarks

CHAPTER 4 - Critical benchmarks (Article 20-23)

CHAPTER 4A - Statutory replacement of a benchmark (Article 23a-23c)

CHAPTER 5 - Significant benchmarks (Article 24-25)

CHAPTER 6 - Non-significant benchmarks (Article 26)

TITLE IV - TRANSPARENCY AND CONSUMER PROTECTION (Article 27-28a)

TITLE V - USE OF BENCHMARKS IN THE UNION (Article 29-33)

TITLE VI - AUTHORISATION, REGISTRATION AND SUPERVISION OF ADMINISTRATORS (Article 34-48n)

TITLE VII - DELEGATED AND IMPLEMENTING ACTS (Article 49-50)

TITLE VIII - TRANSITIONAL AND FINAL PROVISIONS (Article 51-59)

ANNEX I ANNEX II Q&A ANNEX III DA

Metadata

Level 2 legal acts

Related documents

Article 19c - Regulation 2016/1011 (BMR)

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