2014 No. 3081
The Financial Services and Markets Act 2000 (Market Abuse) Regulations 2014
Made
Laid before Parliament
Coming into force
The Treasury are a government department designated1 for the purposes of section 2(2) of the European Communities Act 19722 in relation to financial services.
The Treasury, in exercise of the powers conferred by section 2(2) of that Act, make the following Regulations:
Citation and commencementI11
1
These Regulations may be cited as the Financial Services and Markets Act 2000 (Market Abuse) Regulations 2014.
2
These Regulations come into force on 15th December 2014.
Amendment of Part 8 of the Financial Services and Markets Act 2000I22
1
The Financial Services and Markets Act 20003 is amended as follows.
2
For subsection (9) of section 118 (market abuse)4, substitute—
9
Subsection (4) ceases to have effect on 31 December 2014 and subsections (2) and (3) of section 118A are then to be read as no longer referring to that subsection.
3
After subsection (9) of section 118 (market abuse), insert—
10
Subsection (8) and the definition of “regular user” in section 130A(3) cease to have effect on 3 July 2016 and the reference in subsection (1)(b) to that subsection is then to be read as a reference to subsection (7).
4
In subsection (6) of section 118A (supplementary provision about certain behaviour)5, for “31 December 2014” substitute “3 July 2016”.
(This note is not part of the Regulations)