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The Financial Services and Markets Act 2000 (Markets in Financial Instruments) Regulations 2017
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- UK Statutory Instruments
- 2017 No. 701
- SCHEDULE 2
- Paragraph 16
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The Financial Services and Markets Act 2000 (Markets in Financial Instruments) Regulations 2017, Paragraph 16 is up to date with all changes known to be in force on or before 09 March 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
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Changes and effects yet to be applied to Schedule 2 Paragraph 16:
- reg. 16(1A)(1B) omitted by 2023 c. 29 Sch. 2 para. 46(4)
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Whole provisions yet to be inserted into this Instrument (including any effects on those provisions):
- reg. 16(1A)(1B) omitted by 2023 c. 29 Sch. 2 para. 46(4)
This section has no associated Explanatory Memorandum
16.—(1) Section 129 M1 (power of the court to impose administrative sanctions in cases of market abuse) is amended as follows.U.K.
(2) In subsection (7), in the definition of “temporary prohibition”—
(a)at the end of paragraph (a) omit “or”;
(b)after paragraph (b) insert—
“; or
(c)making a bid, on his or her own account or the account of a third party, directly or indirectly, at an auction conducted by a recognised auction platform.”.
(3) After subsection (7) insert—
“(8) For the meaning of “recognised auction platform” in this Part, see section 131AB.”.
Marginal Citations
M1Section 129 was inserted by S.I. 2016/680.
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