Benchmarks
I120Extension of transitional period for benchmarks with non-UK administrators
1
Article 51(5) of the Benchmarks Regulation (transitional provision for benchmarks with administrators located in a country outside the UK) is amended as follows.
2
In point (a), for “31 December 2022” substitute “
31 December 2025
”
.
3
In point (b)—
a
for “1 January 2023” substitute “
1 January 2026
”
, and
b
for “31 December 2022” substitute “
31 December 2025
”
.