Competent authorities shall assess whether there is a significant and adverse impact on financial stability in accordance with the following criteria:
((a))
the value of financial instruments, financial contracts and investment funds that reference the benchmark, either directly or indirectly within a combination of benchmarks, in the Member States in question, both in absolute terms and relative to:
((i))
the total assets of the financial sector in those Member States;
((ii))
the total assets of the banking sector in those Member States;
((b))
the vulnerability of financial institutions having signed or invested in financial instruments, financial contracts and investment funds that reference the benchmark.