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Regulation 23 Benchmark statement

Original text. Later amendments are not shown.

(1)

Article 27 (benchmark statement) is amended as follows.

(2)

In paragraph 1—

(a)

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

(b)

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

(3)

In paragraph 3—

(a)

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

(b)

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

(c)

omit the third and fourth subparagraphs.