# The Financial Services and Markets Act 2023 (Benchmarks and Capital Requirements) (Amendment) Regulations 2023, Regulation 3: Amendment of Regulation (EU) 2016/1011


(1) Article 51(5) (transitional provisions) of Regulation (EU) 2016/1011 of the European Parliament and of the Council of 8 June 2016 on indices used as benchmarks in financial instruments and financial contracts or to measure the performance of investment funds and amending Directives 2008/48/EC and 2014/17/EU and Regulation (EU) No 596/2014 is amended as follows.
(2) In subparagraph (a), for “31 December 2025” substitute “31 December 2030”.
(3) In subparagraph (b)—
(a) for “1 January 2026” substitute “1 January 2031”;
(b) for “31 December 2025” substitute “31 December 2030”.

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Source: https://www.legislation.gov.uk/ukdsi/2023/9780348253313/regulation/3 (the official version)
Page: https://openlegislation.uk/draft-financial-services-and-markets-act-2023-benchmarks-and-capital-requirements-amendment-regulations-2023/regulation-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.