9 Mandatory administration of a critical benchmark
Financial Services Act 2021 (2021 c 22) | Legislation

9  Mandatory administration of a critical benchmark

(1)     Article 21 of the Benchmarks Regulation (mandatory administration of a critical benchmark) is amended as follows.

(2)     In paragraph 3, for “five years” substitute “10 years”.

(3)     After paragraph 3 insert—

“3A     If the FCA decides to compel the administrator to

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