S.L. 204.9 Art. 2Interpretation.

In these regulations, unless the context otherwise requires:

"benchmark" means any index by reference to which the amount payable under a financial instrument or a financial contract, or the value of a financial instrument, is determined, or an index that is used to measure the performance of an investment fund with the purpose of tracking the return of said index or of defining the asset allocation of a portfolio or of computing the performance fees;

"Benchmarks Regulation" means Regulation (EU) 2021/ 168 of the European Parliament and of the Council of 10 February 2021 amending Regulation (EU) 2016/1011 as regards the exemption of certain third-country spot foreign exchange benchmarks and the designation of replacements for certain benchmarks in cessation, and amending Regulation

(EU) No 648/2012.