Article 2
Administering the arrangements for determining a benchmark
For the purposes of Regulation (EU) 2016/1011, administering the arrangements for the determination of a benchmark shall include both of the following:
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(a) |
the ongoing management of the provider's structures and of its personnel that are involved in the determination process of a benchmark; |
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(b) |
the setting, adaptation and ongoing maintenance of a specific methodology for determining a benchmark. |