{
  "url": "https://openlegislation.uk/greenhouse-gas-emissions-trading-scheme-auctioning-regulations-2021/regulation-39",
  "json_url": "https://openlegislation.uk/greenhouse-gas-emissions-trading-scheme-auctioning-regulations-2021/regulation-39.json",
  "legislation": "uksi/2021/484",
  "legislation_title": "The Greenhouse Gas Emissions Trading Scheme Auctioning Regulations 2021",
  "legislation_url": "https://openlegislation.uk/greenhouse-gas-emissions-trading-scheme-auctioning-regulations-2021",
  "path": "regulation/39",
  "kind": "regulation",
  "number": "39",
  "heading": "Notification of market abuse",
  "text": "(1) The appointed auction platform must—\n(a) establish and maintain effective arrangements, system and procedures—\n(i) to prevent and detecting market abuse and attempted market abuse,\n(ii) detect and report suspicious orders and transactions;\n(b) report to the FCA, any suspicions of market abuse or attempted market abuse by any person admitted to bid in the auctions or by any person on whose behalf the person admitted to bid in the auctions is acting,\nin accordance with Article 16 of the Market Abuse Regulation and with any technical standards made under that Article.\n(2) The report given under paragraph (1) must state what remedial action it ... proposes to take to counter the wrongdoing referred to in paragraph (1).\n(3) Where the appointed auction platform gives a report under paragraph (1) to the FCA, the appointed auction platform must inform the auctioneer and the Treasury of that fact and the remedial action proposed as soon as reasonably practicable.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Words in reg. 39(2) omitted (25.8.2021) by virtue of The Greenhouse Gas Emissions Trading Scheme Auctioning (Amendment) (No. 2) Regulations 2021 (S.I. 2021/917), regs. 1(2), 13(2)"
    },
    {
      "type": "F",
      "label": "F2",
      "text": "Reg. 39(3) inserted (25.8.2021) by The Greenhouse Gas Emissions Trading Scheme Auctioning (Amendment) (No. 2) Regulations 2021 (S.I. 2021/917), regs. 1(2), 13(3)"
    },
    {
      "type": "I",
      "label": "I1",
      "text": "Reg. 39 in force at 22.4.2021, see reg. 1(2)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2021/484/regulation/39",
    "retrieved_at": "2026-10-28T22:14:42.289116+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}