{
  "url": "https://openlegislation.uk/financial-services-and-markets-act-2000-benchmarks-regulations-2018/regulation-5",
  "json_url": "https://openlegislation.uk/financial-services-and-markets-act-2000-benchmarks-regulations-2018/regulation-5.json",
  "legislation": "uksi/2018/135",
  "legislation_title": "The Financial Services and Markets Act 2000 (Benchmarks) Regulations 2018",
  "legislation_url": "https://openlegislation.uk/financial-services-and-markets-act-2000-benchmarks-regulations-2018",
  "path": "regulation/5",
  "kind": "regulation",
  "number": "5",
  "heading": null,
  "text": "(1) The FCA has the powers conferred on it by this Part of the Regulations in respect of Miscellaneous BM persons.\n(2) A “Miscellaneous BM person” is a person who is not an authorised person and is—\n(a) involved in the provision of, or contribution of input data to, a benchmark;\n(b) a service provider to whom functions or any relevant services and activities in the provision of a benchmark have been outsourced;\n(c) a person who is not the service provider but who is or has been party to a contract in relation to the outsourcing of functions or any relevant services and activities in the provision of a benchmark;\n(d) a legal representative of a benchmark administrator located in a third country which has obtained or has applied for prior recognition as referred to in Article 32(1) and as provided for in Article 32(3) of the EU Benchmarks Regulation 2016;\n(e) a person who administers a benchmark relying on Article 46(8) or Article 51(4) of the EU Benchmarks Regulation 2016; or\n(f) a supervised entity.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Words in reg. 5(2)(e) inserted (14.10.2019) by The Financial Services and Markets Act 2000 (Benchmarks) (Amendment) Regulations 2019 (S.I. 2019/1256), regs. 1, 2(2)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2018/135/regulation/5",
    "retrieved_at": "2026-10-28T23:02:39.118596+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}