{
  "url": "https://openlegislation.uk/data-reporting-services-regulations-2024/regulation-3",
  "json_url": "https://openlegislation.uk/data-reporting-services-regulations-2024/regulation-3.json",
  "legislation": "uksi/2024/107",
  "legislation_title": "The Data Reporting Services Regulations 2024",
  "legislation_url": "https://openlegislation.uk/data-reporting-services-regulations-2024",
  "path": "regulation/3",
  "kind": "regulation",
  "number": "3",
  "heading": "Prohibition on the provision of a data reporting service",
  "text": "(1) A person must not provide a data reporting service in the United Kingdom as a regular occupation or business unless the person is—\n(a) acting in accordance with an authorisation to provide that data reporting service granted under these Regulations;\n(b) an investment firm which is operating a UK multilateral trading facility or a UK organised trading facility where the FCA has verified under these Regulations that the firm complies with these Regulations in respect of the data reporting service concerned;\n(c) a credit institution which is operating a UK multilateral trading facility or a UK organised trading facility where the FCA has verified under these Regulations that the institution complies with these Regulations in respect of the data reporting service concerned; or\n(d) a recognised investment exchange operating a trading venue where the FCA has verified under these Regulations that the exchange complies with these Regulations in respect of the data reporting service concerned.\n(2) A person who breaches a prohibition imposed by paragraph (1) is to be taken to have contravened a requirement imposed on it under these Regulations.\n(3) In this regulation, “trading venue” has the meaning given in Article 2(1)(16) of the markets in financial instruments regulation.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "I",
      "label": "I1",
      "text": "Reg. 3 in force at 5.4.2024, see reg. 1(2)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2024/107/regulation/3",
    "retrieved_at": "2026-10-28T21:35:23.088536+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}