OpenLegislation

Regulation 26 Public disclosure of inside information

Original text. Later amendments are not shown.

(1)

Subject to regulation 27 (public disclosure of inside information: delayed disclosure), a relevant person (“A”) must, where so required by designated activity rules made by virtue of paragraph (2), inform the public—

(a)

as soon as possible of inside information that directly concerns A, and

(b)

in a manner that enables fast access as well as complete, correct and timely assessment of the information by the public.

(2)

The FCA may make designated activity rules—

(a)

specifying the relevant persons to whom this provision applies;

(b)

concerning the form, type, timing and technical means of disclosure required by this regulation;

(c)

in relation to the application of this regulation as the FCA considers appropriate.

(3)

Where information is disclosed under paragraph (1), A must file the information with such a body as may be specified by designated activity rules.