PART 1A

The Regulators
CHAPTER 1

The Financial Conduct Authority

The FCA's general duties

The integrity objective
1D
1
The integrity objective is: protecting and enhancing the integrity of the
UK
financial system.
2
The “integrity” of the
UK
financial system includes—
a
its soundness, stability and resilience,
b
its not being used for a purpose connected with financial crime,
c
its not being affected by
contraventions by persons of 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
,
d
the orderly operation of the financial markets, and
e
the transparency of the price formation process in those markets.
Pt. 1A substituted for Pt. 1 (24.1.2013 for specified purposes, 19.2.2013 for specified purposes, 1.4.2013 in so far as not already in force) by Financial Services Act 2012 (c. 21), ss. 6(1), 122(3) (with Sch. 20); S.I. 2013/113, art. 2(1)(b)(c)(2), Sch. Pts. 2, 3, 4; S.I. 2013/423, art. 3, Sch.
Words in s. 1D(2)(c) substituted (3.7.2016) by The Financial Services and Markets Act 2000 (Market Abuse) Regulations 2016 (S.I. 2016/680), regs. 1, 10(2)