+CHAPTER 4A Statutory replacement of a benchmark
---+Article 23a Scope of the statutory replacement of a benchmark
---+Article 23b Replacement of a benchmark by Union law
------+Article 23b 1.
------+Article 23b 2.
------+Article 23b 3.
------+Article 23b 4.
------+Article 23b 5.
------+Article 23b 6.
------+Article 23b 7.
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---+Article 23c Replacement of a benchmark by national law
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CHAPTER 4A Statutory replacement of a benchmark

CHAPTER 4A Statutory replacement of a benchmark

1. Overview

,
Article 23a Scope of the statutory replacement of a benchmark

Article 23a

Scope of the statutory replacement of a benchmark

This Chapter applies to:

(a) 

any contract, or any financial instrument as defined in Directive 2014/65/EU, that references a benchmark and is subject to the law of one of the Member States; and

(b) 

any contract, the parties to which are all established in the Union, that references a benchmark and that is subject to the law of a third country and where that law does not provide for the orderly wind-down of a benchmark.
Article 23b Replacement of a benchmark by Union law
Article 23c Replacement of a benchmark by national law

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

Requirements

3. Related Standards

Standards
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