The Insider Dealing (Securities and Regulated Markets) (Amendment) Order 2002

Explanatory Note

(This note is not part of the Order)

This Order makes changes to the list of “regulated markets” (in article 9 of, and the Schedule to, the Insider Dealing (Securities and Regulated Markets) Order 1994 (“the 1994 Order”)), and to the list of markets which are regulated in the United Kingdom (in article 10 of the 1994 Order). Both “regulated markets” and markets regulated in the United Kingdom are concepts relevant to the scope of the insider dealing provisions in Part V of the Criminal Justice Act 1993 (c. 36) (“the 1993 Act”). The references to “Tradepoint Financial Networks plc” and “CORDEAL Limited” in both lists are changed to “virt-x Exchange Limited” and “COREDEALMTS” respectively, to reflect name changes by these institutions. In addition, in both lists the references to “J P Jenkins Limited” are removed, to reflect changes in the organisation of the market known as OFEX. The exchange known as SWX Swiss Exchange is also added to the list of exchanges in the Schedule, with the effect that any market established under its rules is a “regulated market” for the purposes of Part V of the 1993 Act.