16 Review of exercise of powers under Article 23D
Financial Services Act 2021 (2021 c 22) | Legislation

16  Review of exercise of powers under Article 23D

In the Benchmarks Regulation, after Article 23D (inserted by section 15) insert—

“Article 23E Review of exercise of powers under Article 23D

1     Where the FCA has exercised a power under Article 23D(2) in relation to a benchmark, the FCA must, for each review period—

(a)     review its exercise of its powers under Article 23D(2) in relation to that benchmark during the period, and

(b)     publish a report setting out the outcome of the review.

2     For the purposes of paragraph 1, the review periods are—

(a)

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