Financial Services Act 2021
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Change 1
20 Extension of transitional period for benchmarks with non-UK administrators
(1) Article 51(5) of the Benchmarks Regulation (transitional provision for benchmarks with administrators located in a country outside the UK) is amended as follows. (2) In point (a), for “31 December 2022” substitute “ 31 December 2025 ”. (3) In point (b)— (a) for “1 January 2023” substitute “ 1 January 2026 ”, and (b) for “31 December 2022” substitute “ 31 December 2025 ”.
20 Extension of transitional period for benchmarks with non-UK administrators
(1) Article 51(5) of the Benchmarks Regulation (transitional provision for benchmarks with administrators located in a country outside the UK) is amended as follows. (2) In point (a), for “31 December 2022” substitute “ 31 December 2025 ”. (3) In point (b)— (a) for “1 January 2023” substitute “ 1 January 2026 ”, and (b) for “31 December 2022” substitute “ 31 December 2025 ”.
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