Article 2Administering 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:

  1. (a)

    the ongoing management of the provider's structures and of its personnel that are involved in the determination process of a benchmark;

  2. (b)

    the setting, adaptation and ongoing maintenance of a specific methodology for determining a benchmark.