# The Benchmarks (Amendment and Transitional Provision) (EU Exit) Regulations 2019, Regulation 26: Use of a benchmark


(1) Article 29 (use of a benchmark) is amended as follows.
(2) In paragraph 1—
(a) for “Union”, where it first occurs, substitute “United Kingdom”;
(b) for the words from “benchmark is provided by” to the end substitute—
“benchmark:
(a) is on the FCA register; or
(b) is provided by an administrator who is on the FCA register and located in the United Kingdom.”.
(3) In paragraph 2—
(i) for “under Directive 2003/71/EC or Directive 2009/65/EC” substitute “in accordance with rules made by the FCA under section 84 or 248 of FSMA, as those rules have effect on exit day”;
(ii) for “register referred to in Article 36 of this Regulation” substitute “FCA register”.

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Source: https://www.legislation.gov.uk/ukdsi/2019/9780111179208/regulation/26 (the official version)
Page: https://openlegislation.uk/draft-benchmarks-amendment-and-transitional-provision-eu-exit-regulations-2019/regulation-26
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.