Schedule 5, paragraph 9

In Article 29 (use of a benchmark), after paragraph 1 insert— Paragraph 1 does not enable a supervised entity to use a benchmark in the United Kingdom in breach of a prohibition under Article 21A or 23B. The use of a benchmark by a supervised entity for a financial contract, financial instrument or investment fund in breach of a prohibition under Article 21A or 23B does not affect the validity or enforceability of a contract or other arrangement.

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Source: legislation.gov.uk · retrieved 2026-09-04