The EU published Regulation 2017/1147 last week amending 2016/1368 to add EONIA to EURIBOR on its list of critical benchmarks.  Both are published by EMMI in Brussels and should be viewed in the context of efforts to control and move all EUR activity to inside the EU.  Supervising benchmarks is a natural part of the new world regulatory order but I do wonder just how territorial this needs to be when one considers the vast amount of USD activity traded and cleared outside the US with little obvious harm done to the US by this.