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Commission Delegated Regulation (EU) 2016/2021Show full title
Commission Delegated Regulation (EU) 2016/2021 of 2 June 2016 supplementing Regulation (EU) No 600/2014 of the European Parliament and of the Council on markets in financial instruments with regard to regulatory technical standards on access in respect of benchmarks (Text with EEA relevance)
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Article 3Differentiation and non-discrimination
1.Where a person with proprietary rights to a benchmark sets, in accordance with Article 37(1) of Regulation (EU) No 600/2014, different conditions, including fees and their payment conditions, those conditions shall apply in a manner specific to each category of licensees.
2.A person with proprietary rights to a benchmark shall set the same rights and obligations for the licensees within the same category.
3.A person with proprietary rights to a benchmark shall make the criteria defining the different categories of licensees publicly available.
4.A person with proprietary rights to a benchmark shall, on request, provide to any CCP or trading venue for free the conditions applying to the category to which that CCP or trading venue belongs.
5.A person with proprietary rights to a benchmark shall make available to all licensees within the same category any additions to or modifications of the conditions for licensing agreements agreed with a licensee within that category under the same conditions.
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