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  1. Point in time
    2024-12-18

Article 7 Importance of the benchmark to financial stability

The further criteria to be considered by the FCA under Article 25(3) of Regulation (EU) 2016/1011 in taking into account the importance of the benchmark to financial stability shall include at least an assessment of the relationship between the total value of the financial instruments, financial contracts and investment funds referencing the benchmark and the value of the total assets of the financial sector and of the banking sector in the United Kingdom, where that information is known to the FCA.