(1)In this Act, “the Benchmarks Regulation” means 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.
(2)This Act extends to England and Wales, Scotland and Northern Ireland.
(3)This Act comes into force on the day on which it is passed.
(4)This Act may be cited as the Critical Benchmarks (References and Administrators’ Liability) Act 2021.