The Market Abuse (Amendment) (EU Exit) Regulations 2019

Made: 18th February 2019

Coming into force in accordance with regulation 1

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

PART 1 — General

Citation and commencement

1

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

PART 2 — Amendment of primary legislation using powers in the European Communities Act 1972

Amendment of the Criminal Justice Act 1993

2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Amendment of the Financial Services and Markets Act 2000

3

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

PART 3 — Amendment of primary legislation using powers in the European Union (Withdrawal) Act 2018

Amendment of the Criminal Justice Act 1993

4

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Amendment of the Financial Services and Markets Act 2000

5

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

PART 4 — Amendment of subordinate legislation: European Communities Act 1972

Amendment of the Financial Services and Markets Act 2000 (Market Abuse) Regulations 2016

6

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

PART 5 — Amendment of subordinate legislation: European Union (Withdrawal) Act 2018

Amendment of the Financial Services and Markets Act 2000 (Market Abuse) Regulations 2016

7

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

PART 6 — Amendment of retained direct EU legislation

Market Abuse Regulation

8

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

General provisions: subject matter and scope

9

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

General provisions: definitions

10

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Inside information, insider dealing, unlawful disclosure of inside information and market manipulation

11

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Disclosure requirements

12

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

ESMA and competent authorities

13

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Administrative measures and sanctions

14

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Delegated acts and implementing acts

15

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Final provisions

16

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Annex 1 (indicators of manipulative behaviour)

17

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Amendment of Commission Delegated Regulation (EU) 2016/522

18

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Signed

Jeremy Quin — Rebecca Harris — Two of the Lords Commissioners of Her Majesty's Treasury — 2019-02-18

Explanatory note

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Footnotes

[^f00001]: S.I. 2012/1759.

[^f00002]: 1972 c.68. Section 2(2) was amended by section 27 of the Legislative and Regulatory Reform Act 2006 (c.51) and by section 3 of, and the Schedule to, the European Union (Amendment) Act 2008 c.7. By virtue of the amendment of section 1(2) by section 1 of the European Economic Area Act 1993 (c.51), regulations may be made under section 2(2) of the European Communities Act 1972 (“the 1972 Act”) to implement obligations of the United Kingdom created or arising by or under the Agreement on the European Economic Area signed at Oporto on 2nd May 1992 (Cm 2073) and the Protocol adjusting the Agreement signed in Brussels on 17th March 1993 (Cm 2183). Paragraph 1A was inserted into Schedule 2 to the 1972 Act by section 28 of the Legislative and Regulatory Reform Act 2006. The 1972 Act is repealed with effect from exit day by section 1 of the European Union (Withdrawal) Act 2018.

[^f00003]: 2018 c.16.

[^f00004]: 1993 c.36. Paragraph 5 of Schedule 1 was inserted by S.I. 2016/680. There are other amendments but none is relevant.

[^f00005]: 2000 c.8. Section 122G was inserted by S.I. 2016/880.

[^f00006]: Sections 122B-122H, 122I, 131AA and 131AB of Part 8 were inserted by S.I. 2016/680. Section 122IA was inserted by S.I. 2017/701. Sections 123, 123A, 123B and 129 were substituted by S.I. 2016/680.

[^f00007]: Section 123A(2)(c) and (8) were inserted by S.I. 2017/701.

[^f00008]: Section 124(10) was inserted by S.I. 2016/680.

[^f00009]: Paragraph (c) of the definition of “temporary prohibition” in subsection (7), and subsection (8) were inserted by S.I. 2017/701. Subsection (9) was inserted by S.I. 2017/1255.

[^f00010]: Section 131AA was inserted, with section 131AB, by S.I. 2016/680.

[^f00011]: The definitions of “emission allowance” and “recognised auction platform” were inserted by S.I. 2017/701.

[^f00012]: S.I. 2001/544.

[^f00013]: S.I. 2016/680.

[^f00014]: S.I. 2016/680.

[^f00015]: S.I. 2001/544.

[^f00016]: S.I. 2017/701, as amended by the Markets in Financial Instruments (Amendment) (EU Exit) Regulations 2018.

[^f00017]: S.I. 2017/701.

[^f00018]: OJ L173, 12.6.2014, p.1,

[^f00019]: Section 89W was inserted by S.I. 2015/1755.

[^f00020]: Section 2B was substituted, with the rest of Part 1A of the Financial Services and Markets Act 2000, by section 6(1) of the Financial Services Act 2012 (c.21).

[^f00021]: Section 89Wwas inserted by S.I. 2015/1755.

[^f00022]: 2018 c.12.

[^f00023]: S.I. 2016/680.

[^f00024]: OJ No. L. 88, 5.4.2016, p. 1-18.

[^f00025]: S.I. 2013/1773.

Editorial notes