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Version status: In force | Document consolidation status: Assimilated law updated to reflect all known changes
Version date: 31 December 2020
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Article 30 Equivalence

1. In order for a benchmark or a combination of benchmarks provided by an administrator located in a third country to be used in the United Kingdom in accordance with Article 29(1), the benchmark and the administrator shall be included in the FCA register. The following conditions shall be complied with in order to be included in the register:

(a) either:

(i) the Treasury have made regulations in accordance with paragraph 2 or 3 of this Article; or

(ii) the European Commission has adopted a decision before IP completion day in accordance with paragraph 2 or 3 of Article 30 of the EU Benchmarks Regulation;

(b) the administrator is authorised or registered, and is subject to supervision, in the third country in question;

(c) the FCA is notified by the administrator of its consent that its actual or prospective benchmarks may be used by supervised entities in the United Kingdom, of the list of the benchmarks for which they have given consent to be used in the United Kingdom and of the com

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