Section 313D: Interpretation of Part 18A

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

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

In this Part—

  • ...

  • "derivative" means a derivative referred to in paragraphs 4 to 10 of Part 1 of Schedule 2 to the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001 (S.I. 2001/544);

  • "financial instrument" means an instrument specified in Part 1 of Schedule 2 to the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001;

  • "institution" means— ...

  • "issuer", in relation to a financial instrument, means the person who issued the instrument;

  • "market abuse" means a contravention of Article 14 (prohibition of insider dealing and of unlawful disclosure of inside information) or 15 (prohibition of market manipulation) of the market abuse regulation;

  • ...

  • "non-disclosure of inside information" means a failure to disclose inside information, as defined by Article 7 (inside information) of the market abuse regulation, in contravention of Article 17 (public disclosure of inside information) of that Regulation;

  • "regulated information" has the meaning given in Article 2(1)(k) of the transparency obligations directive (as defined in section 103 of this Act);

  • "regulatory information service" means—

  • ...

  • "systematic internaliser" has the meaning given in Article 2(1)(12) of the markets in financial instruments regulation;

  • "trading venue" means a UK trading venue, as defined by Article 2(1)(16A) of the markets in financial instruments regulation.

In this Part a trading venue or systematic internaliser falls under the FCA's jurisdiction if—

it is established in the United Kingdom; or
in the case of a systematic internaliser which does not fall within the FCA's jurisdiction by virtue of paragraph (a)—
it has established a branch (as defined by Article 2(1)(20) of the markets in financial instruments regulation) in the United Kingdom; and
the FCA considers that it is necessary to impose a requirement on the systematic internaliser under section section 313CA(2) or 313CB(2).

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