Part 2: Benchmarks Section 19: Changes to and cessation of a benchmark
Subsections (1)-(2) of this section make amendments to Article 28 of the BMR to require that a benchmark administrator must publish a robust procedure outlining the actions it will take in the event of changes to, or the cessation of, a benchmark.
	Subsection (3) inserts new paragraphs 1A-1E into Article 28. These provisions set out requirements on administrators with regard to procedures for making changes to or the cessation of critical benchmarks. The FCA is required to approve the content of, and any updates to, the change and cessation procedures for critical benchmarks.