The Financial Services and Markets Act 2000 (Regulated Activities) Order 2001

[F1Publicly available factual data and subscription servicesU.K.

63P.  A person does not carry on an activity of the kind specified by article 63O(1)(a) in relation to a specified benchmark where the information provided—

(a)consists solely of factual data obtained from a publicly available source; or

(b)is—

(i)compiled by a subscription service for purposes other than in connection with the determination of a specified benchmark;

(ii)provided to a person who has permission to carry on an activity of the kind specified by article 63O(1)(b) and who is a subscriber to the service; and

(iii)provided to such a person only in that person’s capacity as a subscriber.]