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Status: Please note you should read all Brexit changes to the FCA Handbook and BTS alongside the main FCA transitional directions. Where these directions apply the 'standstill', firms have the choice between complying with the pre-IP completion day rules, or the post-IP completion day rules. To see a full list of Handbook modules affected, please see Annex B to the main FCA transitional directions.

administering a specified benchmark

    98The regulated activity, specified in article 63O(1)(b) of the Regulated Activities Order, which means:

      1. (1) administering the arrangements for determining a specified benchmark, or
      1. (2) collecting, analysing or processing information or expressions of opinion for the purpose of determining a specified benchmark, or
      1. (3) determining a specified benchmark through the application of a formula or other method of calculation to the information or expressions of opinion provided for that purpose.