Updated 22/10/2024
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Article 2 - Training

Article 2

Training

1.   The adequate systems and effective controls referred to in Article 14(1) of Regulation (EU) 2016/1011 shall be operated by employees of the administrator who are adequately and regularly trained to:

(a)

detect and identify any suspicious input data that could be the result of benchmark manipulation or attempted manipulation;

(b)

promptly report any such findings to their internal reporting line.

2.   In determining the content of the training referred to in paragraph 1 of this Article, an administrator shall take into account the nature, complexity and risk of manipulation of the benchmark provided as referred to in Article 1(1), point (a).