{
  "url": "https://openlegislation.uk/draft-financial-services-and-markets-act-2000-markets-in-financial-instruments-regulations-2006/schedule-2/paragraph-3",
  "json_url": "https://openlegislation.uk/draft-financial-services-and-markets-act-2000-markets-in-financial-instruments-regulations-2006/schedule-2/paragraph-3.json",
  "legislation": "ukdsi/2006/0110755529",
  "legislation_title": "The Financial Services and Markets Act 2000 (Markets in Financial Instruments) Regulations 2006",
  "legislation_url": "https://openlegislation.uk/draft-financial-services-and-markets-act-2000-markets-in-financial-instruments-regulations-2006",
  "path": "schedule/2/paragraph/3",
  "kind": "paragraph",
  "number": "3",
  "heading": null,
  "text": "In section 287 (application by an investment exchange)—\n(a) in subsection (3), after paragraph (b) insert—\n“;\n(c) a programme of operations which includes the types of business the applicant proposes to undertake and the applicant’s proposed organisational structure;\n(d) such particulars of the persons who effectively direct the business and operations of the exchange as the Authority may reasonably require;\n(e) such particulars of the ownership of the exchange, and in particular of the identity and scale of interests of the persons who are in a position to exercise significant influence over the management of the exchange, whether directly or indirectly, as the Authority may reasonably require.”;\n(b) after subsection (3) insert—\n“(4) Subsection (3)(c) to (e) does not apply to an application by an overseas applicant.”.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukdsi/2006/0110755529/schedule/2/paragraph/3",
    "retrieved_at": "2026-10-30T15:20:31.857832+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."
}