Article 5 | Delegated Regulation 2021/1352

Updated 22/10/2024

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Article 5 - Conditions to ensure that the benchmark methodology is traceable and verifiable

Article 5

Conditions to ensure that the benchmark methodology is traceable and verifiable

Benchmark administrators shall keep a documented audit trail of the calculation of the benchmark, including any assessment of the resilience of the methodology and the back-testing results.

Recitals Article 1 - Conditions to ensure that the benchmark methodology is robust and reliable Article 2 - Conditions to ensure that the benchmark methodology has clear rules identifying how and when discretion may be exercised in the determination of the benchmark Article 3 - Conditions to ensure that the benchmark methodology is rigorous, continuous and capable of validation including, where appropriate, back-testing against available transaction data Article 4 - Conditions to ensure that the benchmark methodology is resilient and ensures that the benchmark can be calculated in the widest set of possible circumstances, without compromising its integrity Article 5 - Conditions to ensure that the benchmark methodology is traceable and verifiable Article 6 - Entry into force and application

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Article 5 - Conditions to ensure that the benchmark methodology is traceable and verifiable

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