Amendment of Regulation (EU) 2016/10113.
(1)
Article 51(5) (transitional provisions) of Regulation (EU) 2016/1011 of the European Parliament and of the Council of 8 June 2016 on indices used as benchmarks in financial instruments and financial contracts or to measure the performance of investment funds and amending Directives 2008/48/EC and 2014/17/EU and Regulation (EU) No 596/20143 is amended as follows.
(2)
In subparagraph (a), for “31 December 2025” substitute “31 December 2030”
.
(3)
In subparagraph (b)—
(a)
for “1 January 2026” substitute “1 January 2031”
;
(b)
for “31 December 2025” substitute “31 December 2030”
.