The Financial Services and Markets Act 2000 (Markets in Financial Instruments) Regulations 2007
| Jurisdiction | UK Non-devolved |
| Citation | SI 2007/126 |
(1) These Regulations may be cited as the Financial Services and Markets Act 2000 (Markets in Financial Instruments) Regulations 2007.enabling the Authority to receive a notice under subsection (1) (b) of section 312A of the Act (inserted by these Regulations) in preparation for the making of arrangements as mentioned in that section by an EEA market operator on or after 1st November 2007;enabling a recognised investment exchange to give notice under subsection (2) of section 312C of the Act (inserted by these Regulations) , and enabling the Authority to send a copy of the notice to the host state regulator as required by subsection (3) of that section;enabling applications to be made for approval under section 412A of the Act (inserted by these Regulations) ;enabling the Authority to give a direction as to the manner in which an application under section 412A is to be made and as to the content of the application and information to accompany it, and enabling the Authority to require the applicant to provide further information in accordance with section 412A(3) ;enabling the Authority, on receipt on or after that date of a consent notice under paragraph 13(1) (a) of Schedule 3 enabling the Authority, on receipt of a regulator's notice under paragraph 14 of Schedule 3 a UK firm to give a notice of intention under paragraph 19 of Schedule 3 the Authority to give a consent notice referred to in paragraph 19(4) of that Schedule to the host state regulator or a notice referred to in paragraph 19(8) , (11) or (12) of that Schedule in relation to the exercise of that EEA right, andthe firm to make a reference to the Tribunal in accordance with paragraph 19(12) (b) of that Schedule in relation to the exercise of that EEA right;a UK firm to give a notice of intention under paragraph 20 of Schedule 3 the Authority to send a copy of such a notice to the host state regulator under paragraph 20(3) of that Schedule and notify the UK firm under paragraph 20(4) of that Schedule that it has done so,(3) For the purposes of paragraph (2) (e) to (h) —In these Regulations— (1) Schedule 1, which contains amendments of Part 13 of the Act (incoming firms: intervention by authority) , has effect.(2) Schedule 2, which contains amendments of Part 18 of the Act (recognised investment exchanges and clearing houses) , has effect.(3) Schedule 3, which inserts Part 18A of the Act, has effect.(4) Schedule 4, which contains amendments of Schedule 3 to the Act (EEA passport rights) , has effect.(5) Schedule 5, which contains other amendments of the Act, has effect.(6) Schedule 6, which contains consequential amendments of other enactments, has effect.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ...
- “EEA right” has the meaning given in paragraph 7 of Schedule 3; an “EEA right deriving from the markets in financial instruments directive” means an EEA right to carry on an activity—
- (a) which is an investment service or activity listed in Section A of Annex I to the markets in financial instruments directive;
- (b) which is an ancillary service listed in Section B of Annex I to the markets in financial instruments directive; or
- (c) in relation to an investment which is a financial instrument listed in Section C of Annex I to the markets in financial instruments directive;
- “Schedule 3” means Schedule 3 to the Act.
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