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Financial Services and Markets Act 2000
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- UK Public General Acts
- 2000 c. 8
- Part 18A
- Section 313A
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Financial Services and Markets Act 2000, Section 313A is up to date with all changes known to be in force on or before 22 November 2024. 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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[F1313A [F2FCA's] power to require suspension or removal of financial instruments from tradingU.K.
This section has no associated Explanatory Notes
(1)The [F3FCA] may, for the purpose of protecting—
(a)the interests of investors, or
(b)the orderly functioning of the financial markets,
require an institution [F4or a class of institutions] to suspend or remove a financial instrument from trading.
[F5(2)If the [F3FCA] exercises the power conferred by subsection (1), the matter may be referred to the Tribunal by—
(a)the institution or, as the case may be, any institution in the class, or
(b)the issuer of the financial instrument (if any).]
(3)In this section, “trading” includes trading otherwise than on a [F6trading venue] .]
Textual Amendments
F1Pt. 18A inserted (1.4.2007 for certain purposes and 1.11.2007 otherwise) by The Financial Services and Markets Act 2000 (Markets in Financial Instruments) Regulations 2007 (S.I. 2007/126), regs. 1(2), 3(3), Sch. 3 para. 1
F2Word in Pt. 18A substituted (1.4.2013) by Financial Services Act 2012 (c. 21), ss. 36(b), 122(3) (with Sch. 20); S.I. 2013/423, art. 3, Sch.
F3Word in Pt. 18A substituted (1.4.2013) by Financial Services Act 2012 (c. 21), ss. 36(a), 122(3) (with Sch. 20); S.I. 2013/423, art. 3, Sch.
F4Words in s. 313A(1) inserted (9.4.2010) by The Financial Services and Markets Act 2000 (Amendments to Part 18A etc.) Regulations 2010 (S.I. 2010/1193), reg. 2(2)
F5S. 313A(2) substituted (9.4.2010) by The Financial Services and Markets Act 2000 (Amendments to Part 18A etc.) Regulations 2010 (S.I. 2010/1193), reg. 2(3)
F6Words in s. 313A(3) substituted (29.6.2017 for specified purposes, 3.7.2017 for specified purposes, 31.7.2017 for specified purposes, 3.1.2018 in so far as not already in force) by The Financial Services and Markets Act 2000 (Markets in Financial Instruments) Regulations 2017 (S.I. 2017/701), reg. 1(2)(3)(4)(6), Sch. 2 para. 39 (with reg. 7)
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