1. UK Financial Services Law
  2. Legislation (UK)
  3. Statutory Instruments
  4. 2019
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  1. Benchmarks (Amendment and Transitional Provision) (EU Exit) Regulations 2019 [SI 2019 No. 657]
  2. Part 2 Amendment of EU Regulations (regs. 2-50)
  3. Chapter 1 Amendment of Regulation (EU) 2016/1011 (regs. 2-45A)
  4. Regulation 17 Mandatory administration of a critical benchmark
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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 31 December 2020 - onwards
  Version 2 of 2    

Regulation 17 Mandatory administration of a critical benchmark

(1) Article 21 (mandatory administration of a critical benchmark) is amended as follows.

(2) In paragraph 1, in point (a), for "its competent authority" substitute "the FCA".

(3) In paragraph 2 -

(a) in the first subparagraph--

(i) in the opening words, for "the competent authority" substitute "the FCA";

(ii) omit point (a);

(b) in the second subparagraph, for "the competent authority" substitute "the FCA".

(4) In paragraphs 3 and 4, for "the competent authority", each time it occurs, substitute "the FCA".

Comparing proposed amendment...
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