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Section 1P: The Markets Practitioner Panel

Financial Services and Markets Act 2000 · 2000 c. 8View on legislation.gov.uk

Part 1A: The Regulators — CHAPTER 1: The Financial Conduct Authority

Arrangements under section 1M must include the establishment and maintenance of a panel of persons (to be known as "the Markets Practitioner Panel") to represent the interests of practitioners who are likely to be affected by the exercise by the FCA of its functions relating to markets, including its functions under Parts 6, 8A and 18.

The FCA must appoint one of the members of the Markets Practitioner Panel to be its chair.

The Treasury's approval is required for the appointment or dismissal of the chair.

The FCA must appoint to the Markets Practitioner Panel such persons to represent the interests of persons within subsection (5) as it considers appropriate.

The persons within this subsection are—

authorised persons,
persons who issue financial instruments,
sponsors, as defined in section 88(2),
recognised investment exchanges, and
primary information providers, as defined in section 89P(2).

The FCA may appoint to the Markets Practitioner Panel such other persons as it considers appropriate.

Subsections (4) to (6) are subject to section 1MA.

About this text

This legislation text comes from legislation.gov.uk. Contains public sector information licensed under the Open Government Licence v3.0. These source and reuse terms cover the legislation text, not Remedy's commentary.

Reuse reviewed 21 August 2026 under Open Government Licence v3.0.