The Financial Services and Markets Act 2000 (Benchmarks) Regulations 2018
PART 1Introductory provisions
1Citation and commencement
2Interpretation
3Retained direct EU legislation
4Designation of competent authority
PART 2FCA powers over Miscellaneous BM persons
5
6FCA's power to impose requirements
7Right to refer matters to the Tribunal
8Exercise of power in support of overseas regulator
9Reporting requirements
10Public censure
11Financial penalties
12Warning notice
13Decision notice
14Statements of policy
15Statements of policy: procedure
16Misleading the FCA
17Restriction on penalties
18Application of Part 9 of the Act (hearings and appeals)
19Application of Part 11 of the Act (information gathering and investigations)
20Information given by an auditor
21Restrictions on disclosure of information
22Application of Part 25 of the Act (injunctions and restitution)
23Application of Part 26 of the Act (notices)
24Application of Part 27 of the Act (offences)
25Application of section 413 of the Act (protected items)
26FCA: penalties, fees and exemption from liability in damages
PART 3FCA powers in relation to persons publishing or contributing to benchmarks
27Variation of permission: continued publication of a benchmark by authorised person
28Variation of permission: continued contribution to a benchmark by authorised person
29Interim permission: continued publication of a benchmark by non-authorised person
30Interim permission: continued contribution to a benchmark by non-authorised person
31Application of the Act to persons with interim permission
32Application of the FCA's rules etc. to persons with interim permission
PART 4Administering a benchmark
33Power to direct form of notifications
34Procedure for prior recognition of a benchmark administrator located in a third country
35Endorsement of benchmarks provided in a third country
36Right to refer matters to the Tribunal
PART 5Amendments to the Act
37Amendments to section 1H
38Amendments to section 22 (regulated activities)
39In section 22 of the Act (regulated activities)—
40Amendments to Part 4A (permission to carry on regulated activities)
41Amendment to Part 8 of the Act (provisions relating to market abuse)
42(1) In section 123 of the Act (power to impose...
43Amendment to section 137F of the Act (rules requiring participation in benchmark)
44Amendment to section 178 of the Act (obligation to notify the appropriate regulator: acquisitions of control)
45Amendment to Part 18 of the Act (recognised investment exchanges and clearing houses)
46Amendment to section 391 of the Act (publication)
47Amendment to section 395 (the FCA's and PRA's procedures)
48Amendment to section 398 of the Act (misleading FCA or PRA: residual cases)
49Amendment to Part 29 of the Act (interpretation)
50Omission of Part 2B of Schedule 2 to the Act (regulated activities relating to the setting of benchmarks)
PART 6Amendments to secondary legislation
51Amendments to the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001
52In article 64 (agreeing to carry on specified kinds of...
53The following provisions of the RAO are revoked—
54Amendment to the Financial Services and Markets Act 2000 (Exemption) Order 2001
55Amendment to the Financial Services and Markets Act 2000 (Professions) (Non-Exempt Activities) Order 2001
56Amendments to the Financial Services and Markets Act 2000 (Disclosure of Confidential Information) Regulations 2001
57Amendments to the Consumer Credit (Disclosure of Information) Regulations 2010
58Amendments to the Financial Services and Markets Act 2000 (Qualifying EU Provisions) Order 2013
PART 7Transitional provisions
59Administrators of specified benchmarks: transitional provision
60Submitters to specified benchmarks: transitional provision
61Existing administrators as at 30th June 2016: transitional provision
62Existing administrators as at 1st of January 2018: transitional provision
63New administrators: transitional provision
64Use of an index: transitional provision
65Administering a benchmark under Article 51(4) of the EU Benchmarks Regulation 2016
66Authorisations and registrations granted by the FCA prior to 27th February 2018
PART 8Miscellaneous provisions
67Amendment to the Act
68Review
2018 No. 135
Financial Services And Markets

The Financial Services and Markets Act 2000 (Benchmarks) Regulations 2018

Made
Laid before Parliament
Coming into force in accordance with regulation 1(2)

F1M1M2The Treasury are designated for the purposes of section 2(2) of the European Communities Act 1972 in relation to financial services.

The Treasury make the following Regulations in exercise of the powers conferred by section 2(2) of the European Communities Act 1972.