Textual Amendments
F1Sch. 1 substituted (3.7.2016) by The Financial Services and Markets Act 2000 (Market Abuse) Regulations 2016 (S.I. 2016/680), regs. 1, 21(3)
11. Section 129 (power of court to impose a penalty, prohibition, suspension, or restriction in cases of market abuse) has effect as if—U.K.
(a)in subsection (1) the reference to a market abuse requirement were to an emission allowance market abuse regime requirement;
(b)in subsection (3) the reference to Article 14 (prohibition of insider dealing and of unlawful disclosure of inside information) or Article 15 (prohibition of market manipulation) of the market abuse regulation were to Article 38 (prohibition of insider dealing), Article 39 (other prohibited uses of inside information) or Article 41 (prohibition of market manipulation) of the emission allowance auctioning regulation;
(c)in subsection (7)—
(i)the definition of “market abuse requirement” were omitted; and
(ii)at the appropriate place there were inserted—
““emission allowance market abuse regime requirement” means a requirement imposed by the emission allowance market abuse regime which is a relevant requirement for the purposes of section 380 or 382 (as the case may be);”;
(iii)in paragraph (ii) of the definition of “temporary prohibition” the reference to financial instruments were to auctioned products;
(iv)after paragraph (ii) of the definition of “temporary prohibition” there were inserted—
“(iii)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.”.]