Regulation 23 Benchmark statementI1

for “register referred to in Article 36” substitute “ FCA register ”;

for “Union”, both times it occurs, substitute “ United Kingdom ”.

for “EU Climate Transition Benchmark or UK Paris-aligned Benchmark” substitute “ UK Climate Transition Benchmark or UK Paris-aligned Benchmark ”;

for “EU Climate Transition Benchmarks and EU Paris-aligned Benchmarks” substitute “ UK Climate Transition Benchmarks and UK Paris-aligned Benchmarks ”;

omit the words “in accordance with” to the end.

in the first subparagraph, for “ESMA shall develop draft regulatory” substitute “ The FCA may make ”;

in the second subparagraph, for “ESMA” substitute “ The FCA ”;

omit the third and fourth subparagraphs.