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The Financial Services and Markets Act 2000 (Benchmarks) Regulations 2018

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Amendment to the Financial Services and Markets Act 2000 (Exemption) Order 2001

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54.  The Financial Services and Markets Act 2000 (Exemption) Order 2001(1) is amended by inserting, after article 5—

Persons exempt in respect of administering a benchmark

5A.  Part 1 of the Schedule does not apply to the regulated activity specified in article 63S of the Regulated Activities Order (administering a benchmark). The persons exempt in respect of the regulated activity of administering a benchmark are those listed, or carrying out an activity listed, in Article 2(2) of Regulation EU 2016/1011 of the European Parliament and of the Council of 8 June 2016 on indices used as benchmarks in financial instruments and financial contracts or to measure the performance of investment funds and amending Directives 2008/48/EC(2) and 2014/17/EU(3) and Regulation (EU) No 596/2014(4)..

(2)

OJ No L133 22.05.08, p.66.

(3)

OJ No L60 28.02.14, p.34.

(4)

OJ No L171 29.06.16, p.1.

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