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Part 2 · Benchmark Administrators of Designated Benchmarks

7. Matters dealt with by code on designated benchmark

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For the purposes of section 123O(2) of the Act, a code on designated benchmark issued by an authorised benchmark administrator or exempt benchmark administrator (each called in this regulation the administrator) must deal with all of the following matters:

(a)

the information to be provided to the administrator by an authorised benchmark submitter, exempt benchmark submitter or designated benchmark submitter in relation to the designated benchmark;

(b)

the policies and procedures to ensure the accurate and timely provision of information in relation to the designated benchmark that an authorised benchmark submitter, exempt benchmark submitter or designated benchmark submitter must follow;

(c)

the arrangements and measures that an authorised benchmark submitter, exempt benchmark submitter or designated benchmark submitter must implement —

(i)

to prevent the manipulation of the designated benchmark;

(ii)

to avoid conflicts between the interests and responsibilities of the authorised benchmark submitter, exempt benchmark submitter or designated benchmark submitter; and

(iii)

to manage any risk associated with the business or activity of providing information in relation to the designated benchmark;

(d)

the process by which any manipulation, attempted manipulation, or suspicion of manipulation or attempted manipulation, of the designated benchmark is to be notified to the administrator;

(e)

the process by which information relating to any manipulation, attempted manipulation or suspicion mentioned in paragraph (d) is to be provided to the administrator.

Report

Part 3

Benchmark Submitters of Designated Benchmarks

Part 4

Miscellaneous