Regulation 22 Financial Services and Markets Act 2000 (Qualifying EU Provisions) Order 2013

(1)

The Financial Services and Markets Act 2000 (Qualifying EU Provisions) Order 2013 M1 is amended as follows.

(2)

In article 2 (qualifying EU provisions: general)—

(a)

after paragraph (2)(i) M2 insert—

“(j)
the market abuse regulation and any directly applicable regulation made under that Regulation.”;

(b)

after paragraph (8)(e) M3 insert—

“(f)
the market abuse regulation and any directly applicable regulation made under that Regulation.”; and

(c)

after paragraph (9) M4 insert—

“(10)
The market abuse regulation and any directly applicable regulation made under that Regulation are specified qualifying EU provisions for the purposes of section 66A(4) of the Act.”.

(3)

In article 4 (qualifying EU provisions etc.: recognised investment exchanges and clearing houses) after paragraph (9) M5 insert—

“(10)
The market abuse regulation and any directly applicable regulation made under that Regulation are specified qualifying EU provisions for the purposes of sections 296(1A) and 297(2A)(c) of the Act.”.

(4)

In article 5 (qualifying EU provisions: injunctions and restitution)—

(a)

in paragraph (2)(c) after “regulation” insert “ , except for Article 38 (prohibition of insider dealing), Article 39 (other prohibited uses of inside information) and Article 41 (prohibition of market manipulation) of that regulation ”;

(b)

after paragraph (2)(j) M6 insert—

“(k)
the market abuse regulation and any directly applicable regulation made under that Regulation, except for Article 14 (prohibition of insider dealing and of unlawful disclosure of inside information) and Article 15 (prohibition of market manipulation) of the market abuse regulation.”; and

(c)

after paragraph (5)(i) M7 insert—

“(j)
in relation to a contravention of the market abuse regulation or any directly applicable regulation made under that Regulation, the FCA.”.

(5)

In article 6 (qualifying EU provisions: fees), after paragraph (2)(l) M8 insert—

“(m)
the market abuse regulation and any directly applicable regulation made under that Regulation.”.

Annotations

Marginal citations

M1: S.I. 2013/419.
M2: Article 2(2)(i) was inserted by S.I. 2015/1882.
M3: Article 2(8)(e) was inserted by S.I. 2014/2879.
M4: Article 2(9) was inserted by S.I. 2014/3348.
M5: There are amendments to article 4(9) which are not relevant to these Regulations.
M6: Article 5(2)(j) was inserted by S.I. 2015/1882.
M7: Article 5(5)(i) was inserted by S.I. 2015/1882.
M8: Article 6(2)(l) was inserted by S.I. 2015/1882.

Notes on the whole SI

Textual amendments

F1: Regulations revoked (14.12.2023 for the revocation of reg. 23) by Financial Services and Markets Act 2023 (c. 29), s. 86(3), Sch. 1 Pt. 2 (with s. 1(4)); S.I. 2023/1382, reg. 2(c)(xv)