The FSMA 200 (Market Abuse) Regulations 2014 are now published on legislation.gov. The Regulations came into force on 15 December 2014.
The Regulations amend:
- s.118(9) FSMA 2000; and
- s.118A(6) FSMA 2000,
and add a subsection 118(10) FSMA 2000.
These amendments operate to extend the expiry date of the market manipulation prohibition (s.118(8)), the related provisions in s.118A(2) and (3), and the definition of "regular user" (s.130A) until 3 July 2016.
This extension serves to provide continuity to the current market abuse regime, until the application of the new civil regime introduced by the Market Abuse Regulation (Regulation 596/2014).
The FSMA 200 (Market Abuse) Regulations 2014 are available at: http://www.legislation.gov.uk/uksi/2014/3081/contents/made.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.