The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) Order 2015 No. 369

Amendment of the Regulated Activities Order

3.  For Schedule 5 to the Regulated Activities Order substitute—

Article 63R

“SCHEDULE 5 SPECIFIED BENCHMARKS

The benchmarks known by the following names are specified—

1.   The London Interbank Offered Rate, also known as LIBOR;

2.   ISDAFIX(1);

3.   Sterling Overnight Index Average, also known as SONIA;

4.   Repurchase Overnight Index Average, also known as RONIA;

5.   WM/Reuters London 4 p.m. Closing Spot Rate;

6.   London Gold Fixing(2);

7.   LBMA Silver Price;

8.   ICE Brent Index.”.

(1)

It is proposed that ISDAFIX will be known as ICE Swap Rate from some time in 2015.

(2)

It is proposed that the London Gold Fixing benchmark will be known as LBMA Gold Price from some time in 2015.