28.—(1) Section 89W (storage of regulated information)(1) is amended as follows.
(2) In subsection (1), omit the words from “meeting” to the end.
(3) After that subsection insert—
“(1A) The mechanism must comply with minimum quality standards of security, certainty as to the information source, time recording and easy access by end users (see provision made under regulation 71 of the Official Listing of Securities, Prospectus and Transparency (Amendment etc.) (EU Exit) Regulations 2019 for the purpose specified in paragraph 19(b) of Schedule 2 to those Regulations).
(1B) The mechanism must be aligned with the procedure for filing the regulated information with the FCA.”.
(4) For subsection (2) substitute—
“(2) In this section “regulated information” means information which an issuer, or a person who has applied for the admission of securities to trading on a regulated market without the issuer’s consent, is required to disclose under—
(a)listing rules,
(b)qualifying transparency legislation, or
(c)Articles 17 to 19 of the market abuse regulation.”.
Inserted by S.I. 2015/1755.