In the first case, the creditor is exempt from this Regulation for activity concerning financial contracts entered into by that creditor with its own clients, while in the latter case the creditor is considered to be only a user of a benchmark.
Sa chéad chás, tá an creidiúnaí díolmhaithe ón Rialachán seo don ghníomhaíocht a bhaineann le conarthaí airgeadais a bheidh déanta ag an gcreidiúnaí sin lena chliaint nó lena cliaint féin, fad is go meastar gur úsáideoir tagarmhairc, agus é sin amháin, atá sa chás deiridh.