SCHEDULE 3 U.K. MARKETS AND EXCHANGES

[F1 PART A1 U.K. Criteria for Relevant UK Markets

Textual Amendments

F1 Sch. 3 Pt. A1 inserted (18.10.2021) by The Markets in Financial Instruments, Benchmarks and Financial Promotions (Amendment) (EU Exit) Regulations 2021 (S.I. 2021/1074), regs. 1(2), 2(8)

The criteria for a “relevant UK market” are—

(a) the head office of the market must be situated in the United Kingdom; and

(b) the market must satisfy any requirements of the law of the United Kingdom as to—

(i) the manner in which it operates;

(ii) the means by which access may be had to the facilities it provides;

(iii) the conditions to be satisfied before an investment may be traded or dealt in by means of its facilities; and

(iii) the reporting and publication of transactions effected by means of its facilities.]