Part XVIIIRecognised investment exchanges, clearing houses and CSDs

Chapter I Exemption

F1Publication of information by recognised investment exchange

292APublication of information by recognised investment exchange

(1)

A recognised investment exchange must as soon as practicable after a recognition order is made in respect of it publish such particulars of the ownership of the exchange as the F2FCA may reasonably require.

(2)

The particulars published under subsection (1) must include particulars of the identity and scale of interests of the persons who are in a position to exercise significant influence over the management of the exchange, whether directly or indirectly.

(3)

If an ownership transfer takes place in relation to a recognised investment exchange, the exchange must as soon as practicable after becoming aware of the transfer publish such particulars relating to the transfer as the F3FCA may reasonably require.

(4)

”Ownership transfer”, in relation to an exchange, means a transfer of ownership which gives rise to a change in the persons who are in a position to exercise significant influence over the management of the exchange, whether directly or indirectly.

(5)

A recognised investment exchange must publish such particulars of any decision it makes to suspend or remove a financial instrument from trading on a regulated market operated by it as the F4FCA may reasonably require.

(6)

The F5FCA may determine the manner of publication under subsections (1), (3) and (5) and the timing of publication under subsection (5).

(7)

This section does not apply to an overseas investment exchange.