SCHEDULES

SCHEDULE 15Transparency obligations and related matters: minor and consequential amendments

Part 1Amendments of the Financial Services and Markets Act 2000

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1

Section 102A (meaning of “securities” etc) is amended as follows.

2

After subsection (3) insert—

3A

“Debt securities” has the meaning given in Article 2.1(b) of the transparency obligations directive.

3

In subsection (3) (meaning of “transferable securities”) for “the investment services directive” substitute “ Directive 2004/39/EC of the European Parliament and of the Council on markets in financial instruments ”.

4

In subsection (6) (meaning of “issuer”), after paragraph (a) insert—

aa

in relation to transparency rules, means a legal person whose securities are admitted to trading on a regulated market or whose voting shares are admitted to trading on a UK market other than a regulated market, and in the case of depository receipts representing securities, the issuer is the issuer of the securities represented;