OpenLegislation

Division 2 For the purposes of point (a) of Article 11(1) and Article 11(4), input data may be adjusted.

United Kingdom

Original text. Later amendments are not shown.

In particular, input data may be adjusted by application of the following criteria:

  1. (a)

    proximity of transactions to the time of provision of the input data and the impact of any market events between the time of the transactions and the time of provision of the input data;

  2. (b)

    interpolation or extrapolation from transactions data;

  3. (c)

    adjustments to reflect changes in the credit standing of the contributors and other market participants.