# The Benchmarks (Amendment and Transitional Provision) (EU Exit) Regulations 2019, Regulation 30: Endorsement of benchmarks provided in a third country


(1) Article 33 (endorsement of benchmarks provided in a third country) is amended as follows.
(2) In paragraph 1—
(a) in the first subparagraph—
(i) in the opening words—
(aa) for “Union”, each time it occurs, substitute “United Kingdom”;
(bb) for “relevant competent authority” substitute “FCA”;
(ii) in point (a), for “its competent authority” substitute “the FCA”;
(iii) in point (c), for “Union” substitute “United Kingdom”;
(b) in the second subparagraph, for “competent authority” substitute “FCA”.
(3) In paragraph 2, for “competent authority” substitute “FCA”.
(4) In paragraph 3—
(a) for “relevant competent authority” substitute “FCA”;
(b) omit the second sentence.
(5) In paragraph 6—
(a) for “competent authority of the endorsing administrator or other supervised entity” substitute “FCA”;
(b) omit “and shall inform ESMA thereof”.
(6) In paragraph 7—
(a) for the words from “Commission”, where first occurring, to “measures” substitute “Treasury may make regulations”;
(b) for “relevant competent authorities” substitute “FCA”;
(c) for “Union” substitute “United Kingdom”;
(d) for “The Commission”, where second occurring, substitute “When determining the conditions, the Treasury”.

---
Source: https://www.legislation.gov.uk/ukdsi/2019/9780111179208/regulation/30 (the official version)
Page: https://openlegislation.uk/draft-benchmarks-amendment-and-transitional-provision-eu-exit-regulations-2019/regulation-30
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.