Paragraph

The criteria are—

(a)

the head office of the market must be situated in an EEA State F1or in Gibraltar; and

(b)

the market must be subject to requirements in the EEA State in which its head office is situated F2or (where its head office is situated in Gibraltar), in Gibraltar 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;

(iv)

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

Annotations

Textual amendments

F1: Words in Sch. 3 Pt. 1 inserted (31.12.2020) by The Gibraltar (Miscellaneous Amendments) (EU Exit) Regulations 2019 (S.I. 2019/680), regs. 1(2), 5(b); 2020 c. 1, Sch. 5 para. 1(1)
F2: Words in Sch. 3 Pt. 1 inserted (31.12.2020) by The Gibraltar (Miscellaneous Amendments) (EU Exit) Regulations 2019 (S.I. 2019/680), regs. 1(2), 5(c); 2020 c. 1, Sch. 5 para. 1(1)

Notes on Part I

Textual amendments

F1: Words in Sch. 3 Pt. 1 heading inserted (31.12.2020) by The Gibraltar (Miscellaneous Amendments) (EU Exit) Regulations 2019 (S.I. 2019/680), regs. 1(2), 5(a); 2020 c. 1, Sch. 5 para. 1(1)