Part II criteria relevant to definition of “approved ec market”
The criteria relevant for the purposes of the definition of “approved EC market” in article 2 of this Order are the following—
(a)
the head office of the market must be situated in a member State; and
(b)
the market must be subject to requirements in the member State in which its head office is situated as to—
(i)
the manner in which it operates;
(ii)
the means by which access may be had to the facilities it provides;
(iii)
the conditions to be satisfied before an investment may be traded or dealt in by means of its facilities; and
(iv)
the reporting and publication of transactions effected by means of its facilities.