Article 6Significant and adverse impact on the financing of households and businesses
F1The FCA shall assess whether there is a significant and adverse impact on the financing of households and businesses in F2the United Kingdom in accordance with the following criteria:
- (a)
the value of loans to households and non-financial corporates referencing the benchmark in the F3United Kingdom, both in absolute terms and relative to the total value of loans to households or non-financial corporates in F4the United Kingdom;
- (b)
an estimate of the number of households that have subscribed loans referencing the benchmark in the F3United Kingdom, both in absolute terms and relative to the total number of households in F4the United Kingdom;
- (c)
an estimate of the number of non-financial corporates that have subscribed loans referencing the benchmark in the F3United Kingdom, both in absolute terms and relative to the total number of non-financial corporates in F4the United Kingdom;
- (d)
the degree of indebtedness of households and companies in the F3United Kingdom.