Paragraph 26 Financial Services and Markets Act 2000 (Benchmarks) Regulations 2018

The Financial Services and Markets Act 2000 (Benchmarks) Regulations 2018^f1 are mended as follows—

(a)

in regulation 2(1), in the definition of “the EU Benchmarks Regulation 2016”^f2 for “retained EU” substitute “assimilated”;

(b)

in regulation 3^f3—

(i)

in the heading for “Retained direct EU” substitute “Assimilated direct”;

(ii)

in the text of the regulation for “retained direct EU” substitute “assimilated direct”;

(c)

in regulation 8(2), (3) and (5)^f4 for the words “a retained EU” substitute “an assimilated”.

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