11/02/2026 (Agence Europe) – The European Commission’s delegated regulation setting the fees payable to the European Securities and Markets Authority (ESMA) for the recognition and supervision of third-country benchmark administrators was published on Wednesday 11 February in the Official Journal of the European Union. The text implements invoicing by ESMA following the transfer of powers from national authorities as part of the reform of the Benchmarks Regulation (‘BMR’). It provides for application fees of up to €40,000 and establishes a structure of annual fees differentiated according to the importance of the benchmarks, with higher amounts for critical benchmarks. Link to the legal act: https://aeur.eu/f/kop (BD)