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Section 290(1A)

FSMA 2000

In the case of an application for an order declaring the applicant to be a recognised investment exchange, the reference in subsection (1) to the recognition requirements applicable in its case includes a reference to requirements contained in any of the following— any EU regulation, originally made under the markets in financial instruments directive, which is assimilated direct legislation; any EU regulation, originally made under the markets in financial instruments regulation, which is assimilated direct legislation; any subordinate legislation (within the meaning of the Interpretation Act 1978) made under the markets in financial instruments regulation on or after IP completion day.

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Source: legislation.gov.uk · retrieved 2026-09-04