CHAPTER 4U.K.[F1Cooperation, professional secrecy and data protection]

Article 25U.K.Obligation to cooperate

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8.[F3The FCA may] cooperate and exchange information with relevant national and third-country regulatory authorities [F4(including authorities in Gibraltar)] responsible for the related spot markets where [F5it has] reasonable grounds to suspect that acts, which constitute insider dealing, unlawful disclosure of information or market manipulation infringing this Regulation, are being, or have been, carried out. Such cooperation shall ensure a consolidated overview of the financial and spot markets, and shall detect and impose sanctions for cross-market and cross-border market abuses.

In relation to emission allowances, the cooperation and exchange of information provided for under the first subparagraph [F6may also take place] with:

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(b)competent authorities, registry administrators [F8in the EU or the UK], including the Central Administrator [F9in the EU], and other public bodies [F10in the EU or the UK] charged with the supervision of compliance under Directive 2003/87/EC [F11or under the Greenhouse Gas Emissions Trading Scheme Order 2020 or the Greenhouse Gas Emissions Trading Scheme Auctioning Regulations 2021].

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Textual Amendments