# The Financial Services and Markets Act 2000 (Benchmarks) Regulations 2018, Regulation 36: Right to refer matters to the Tribunal


(1) Subject to paragraph (2), an administrator who has applied for a recognition order under regulation 34 (procedure for prior recognition of a benchmark administrator located in a third country) or a person who has applied to endorse a benchmark under regulation 35 (endorsement of benchmarks provided in a third country) who is aggrieved by the FCA's decision to—
(a) refuse to make a recognition order under regulation 34 (procedure for prior recognition of a benchmark administrator located in a third country), exercise its power under regulation 34(6)(a) or refuse the administrator's application under regulation 34(6)(b) to withdraw, vary or suspend a recognition order; or
(b) refuse to make an endorsement order under regulation 35 (endorsement of benchmarks provided in a third country), exercise its power under regulation 35(7)(a) or refuse the administrator's application under regulation 35(7)(b) to withdraw, vary or suspend an endorsement order;
may refer the matter to the Tribunal.
(2) Where there is a review under regulation 34(9) or 35(10), paragraph (1) applies only in relation to the FCA's decision in response to that review.

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Source: https://www.legislation.gov.uk/uksi/2018/135/regulation/36 (the official version)
Page: https://openlegislation.uk/financial-services-and-markets-act-2000-benchmarks-regulations-2018/regulation-36
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.