Remedy
Start free

Section 313CA: Suspension or removal of financial instruments from trading: notification and trading on other venues

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

Part 18A: SUSPENSION AND REMOVAL OF FINANCIAL INSTRUMENTS FROM TRADING

The FCA must take the steps in subsection (2) to (4) if it imposes a requirement on an institution under section 313A to—

suspend or remove a financial instrument from trading; or
suspend or remove a derivative which relates, or is referenced, to the financial instrument from trading to support the objectives of a suspension or removal mentioned in paragraph (a).

The FCA must require any trading venue or systematic internaliser which falls under its jurisdiction and trades the same instrument or derivative to suspend or remove the instrument or derivative from trading if a suspension or removal mentioned in subsection (1) was due to—

suspected market abuse;
a take-over bid; or
the non-disclosure of inside information about the issuer or the instrument.

But the FCA is not obliged to impose a requirement under subsection (2) if it could cause significant damage to the interests of investors or the orderly functioning of the market.

The FCA must publish a decision of any of the following kinds in such a manner as the FCA considers appropriate—

a decision to impose a requirement under section 313A;
a decision to revoke a requirement imposed under section 313A;
a decision to impose, or to revoke or not to impose, a requirement under subsection (2).

Subsection (4) does not require a decision to be published if it has already been published under section 313B(2)(b) or 313BE(5).

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.