Art. 19

in force 2026-01-01 MODIFIED+150 −591§

Amended by Regulation (EU) 2025/914 32025R0914

applies from: unchanged

Sources disagree — the text comparison found this change; the EU's own amendment metadata does not list it and the amending act's instructions do not mention it. All are shown; none is overruled.

The article's heading changes from a general reference to commodity benchmarks to a narrower one covering commodity benchmarks based on contributed input data.

The earlier numbered structure with paragraphs 1 and 2, which set out an Annex II substitution regime with exceptions and a carve-out for gold, silver or platinum critical benchmarks, is replaced by a single unnumbered sentence stating that such commodity benchmarks shall comply with Article 10, Titles IV, V and VI, and the specific requirements set out in Annex II.

The prior text's specific carve-outs for regulated-data benchmarks, majority-supervised-entity contributor benchmarks, and the disapplication of Articles 24, 25 and 26 no longer appear in the after text.

Cited: Art. 19, v1 · Art. 19, v2

Article 19
Commodity benchmarks
1. The specific requirements laid down in Annex II shall apply instead of the requirements of Title II, with the exception of Article 10, to the provision of, and contribution to, commodity benchmarks, unless the benchmark in question is a regulated-data benchmark or is based on submissions by contributors the majority of which are supervised entities.
Articles 24, 25 and 26 shall not apply to the provision of, and contribution to, commodity benchmarks.
2. Where a commodity benchmark is a critical benchmark and the underlying asset is gold, silver or platinum, the requirements of Title II shall apply instead of Annex II.

Article 19
Commodity benchmarks based on contributed input data
Commodity benchmarks based on contributed input data shall comply with Article 10, Titles IV, V and VI, and the specific requirements set out in Annex II.