http://www.legislation.gov.uk/eur/2018/1639/article/3Commission Delegated Regulation (EU) 2018/1639 of 13 July 2018 supplementing Regulation (EU) 2016/1011 of the European Parliament and of the Council with regard to regulatory technical standards specifying further the elements of the code of conduct to be developed by administrators of benchmarks that are based on input data from contributors (Text with EEA relevance)Commission Delegated Regulation (EU) 2018/1639Commission Delegated Regulation (EU) 2018/1639 of 13 July 2018 supplementing Regulation (EU) 2016/1011 of the European Parliament and of the Council with regard to regulatory technical standards specifying further the elements of the code of conduct to be developed by administrators of benchmarks that are based on input data from contributors (Text with EEA relevance)King's Printer of Acts of Parliamenthttps://webarchive.nationalarchives.gov.uk/eu-exit/https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:32018R1639texttext/xmlen2024-07-03Expert Participation2023-07-11Commission Delegated Regulation (EU) 2018/1639 of 13 July 2018 supplementing Regulation (EU) 2016/1011 of the European Parliament and of the Council with regard to regulatory technical standards specifying further the elements of the code of conduct to be developed by administrators of benchmarks that are based on input data from contributors (Text with EEA relevance)RegulationFinancial Services and Markets Act 2023Sch. 1 Pt. 13s. 1(4)s. 86(3)
Article 3Policies to ensure that a contributor provides all relevant input data

The code of conduct shall include provisions requiring contributors to have in place and comply with at least the following policies:

(a)

an input data policy that includes at least a description of:

(i)

the data to be taken into account in determining the input data contribution; and

(ii)

the data that the contributor may exclude from a contribution of input data, together with the reason or reasons for which that data may be excluded;

(b)

a policy on the transmission of data to the administrator that includes at least:

(i)

a description of the process to be used for the secure transfer of data; and

(ii)

contingency plans for submitting input data in the event of technical or operational difficulties, the temporary absence of a submitter or the unavailability of the input data required by the methodology.