Section 41(2)

The reference in subsection (1) to the FCA’s relevant functions is to its functions relating to the listing, issue or trading of products on recognised investment exchanges and other markets the operation of which is regulated by the FCA, including in particular— the issuing of transferable securities, and the trading of transferable securities on regulated markets and multilateral trading facilities.

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