# The Benchmarks (Amendment and Transitional Provision) (EU Exit) Regulations 2019, Regulation 14: Governance and control requirements for supervised contributors

Extent: E+W+S+N.I.

(1) Article 16 (governance and control requirements for supervised contributors) is amended as follows.
(2) In paragraph 4, for “relevant competent authority” substitute “ FCA ”.
(3) In paragraph 5—
(a) in the first subparagraph, for “ESMA shall develop draft regulatory” substitute “ The FCA may make ”;
(b) in the second subparagraph—
(i) in the first sentence, for “ESMA” substitute “ The FCA ”;
(ii) in the second sentence, omit “ESMA draft regulatory”;
(c) omit the third and fourth subparagraphs.
(4) Omit paragraph 6.

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Source: https://www.legislation.gov.uk/uksi/2019/657/regulation/14 (the official version)
Page: https://openlegislation.uk/benchmarks-amendment-and-transitional-provision-eu-exit-regulations-2019/regulation-14
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.