Regulation 18 Financial Services and Markets Act 2000 (Disclosure of Confidential Information) Regulations 2001

in the appropriate place insert—

““market abuse regulation information” means confidential information received by the FCA in the course of discharging its functions as a competent authority under the market abuse regulation M2 or any directly applicable EU regulation made under the market abuse regulation;”;

in the definition of “EEA competent authority”M3, for “or the EMIR regulation” substitute “ , the EMIR regulation or the market abuse regulation ”;

in the definition of “single market restrictions”M4—

at the end of paragraph (c) M7 omit “and”; and

at the end of paragraph (d) M8 insert—

“; and

(e)

market abuse regulation information”.

in paragraph (1) M9, after “(3F)” insert “ , (3G) ”;

in paragraph (2) M10, for “or in paragraph (2C)” substitute “ , (2C) or (2D) ”;

after paragraph (2C) M11 insert—

“(2D)

The conditions in this paragraph are that—

(a)

the disclosure is provided for by a cooperation agreement of the kind referred to in Article 26 of the market abuse regulation; and

(b)

where the disclosure is of personal data, as defined in Directive 95/46/EC of the European Parliament and of the Council of 24 October 1995 on the protection of individuals with regard to the processing of personal data and on the free movement of such data, it is in accordance with Article 29(1) and (2) of the market abuse regulation.”; and

after paragraph (3F) M12 insert—

“(3G)

Paragraph (1) does not permit disclosure of market abuse regulation information to a person specified in the first column of Schedule 1 in contravention of Article 27 of the market abuse regulation.”