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Regulation 4 Application of PartI1

United Kingdom

This Part applies for the purposes of—

(a)

in Article 22A of the Benchmarks Regulation (assessment of representativeness of critical benchmarks: administrator) M1—

(i)

a notice given by the FCA to an administrator under paragraph 3 or 11;

(ii)

a permission given by the FCA to an administrator under paragraph 9;

(b)

in Article 22B of that Regulation (assessment of representativeness of critical benchmarks: FCA) M2, a notice given by the FCA to an administrator under paragraph 3;

(c)

in Article 23A of that Regulation (designation of certain critical benchmarks) M3, a notice given by the FCA to an administrator under paragraph 1(b), 4, 7 or 9;

(d)

in Article 23D of that Regulation (orderly cessation of Article 23A benchmarks) M4, a notice given by the FCA to an administrator under paragraph 2 or 8(b).

Annotations

Marginal citations

M1

Article 22A is inserted by section 11(2) of the Financial Services Act 2021 (c. 22).

M2

Article 22B is inserted by section 11(2) of the Financial Services Act 2021 (c. 22).

M3

Article 23A is inserted by section 13 of the Financial Services Act 2021 (c. 22).

M4

Article 23D is inserted by section 15 of the Financial Services Act 2021 (c. 22).

Commencement

I1

Reg. 4 in force at 9.8.2021, see reg. 1(1)