Financial Services Act 2021

This adran has no associated Nodiadau Esboniadol

9U.K.In Article 29 (use of a benchmark), after paragraph 1 insert—

1AParagraph 1 does not enable a supervised entity to use a benchmark in the United Kingdom in breach of a prohibition under Article 21A or 23B.

1BThe use of a benchmark by a supervised entity for a financial contract, financial instrument or investment fund in breach of a prohibition under Article 21A or 23B does not affect the validity or enforceability of a contract or other arrangement.

Commencement Information

I1Sch. 5 para. 9 in force at 1.7.2021 by S.I. 2021/739, reg. 3(n)