OpenLegislation

Part A1 Criteria for Relevant UK MarketsF1

The criteria for a “relevant UK market” are—

(a)

the head office of the market must be situated in the United Kingdom; and

(b)

the market must satisfy any requirements of the law of the United Kingdom 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

(iii)

the reporting and publication of transactions effected by means of its facilities.

Annotations

Textual amendments

F1

Sch. 3 Pt. A1 inserted (18.10.2021) by The Markets in Financial Instruments, Benchmarks and Financial Promotions (Amendment) (EU Exit) Regulations 2021 (S.I. 2021/1074), regs. 1(2), 2(8)