OpenLegislation

Division 8 A contributor to an interest rate benchmark shall keep detailed records of:

United Kingdom

Original text. Later amendments are not shown.

  1. (a)

    all relevant aspects of contributions of input data;

  2. (b)

    the process governing input data determination and the sign-off of input data;

  3. (c)

    the names of submitters and their responsibilities;

  4. (d)

    any communications between the submitters and other persons, including internal and external traders and brokers, in relation to the determination or contribution of input data;

  5. (e)

    any interaction of submitters with the administrator or any calculation agent;

  6. (f)

    any queries regarding the input data and their outcome of those queries;

  7. (g)

    sensitivity reports for interest rate swap trading books and any other derivative trading book with a significant exposure to interest rate fixings in respect of input data.