# The Financial Services Act 1986 (Investment Advertisements) (Exemptions) Order 1992, 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.

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Source: https://www.legislation.gov.uk/uksi/1992/274/schedule/1/part/II (the official version)
Page: https://openlegislation.uk/financial-services-act-1986-investment-advertisements-exemptions-order-1992/schedule-1/part-II
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.