Schedule 2, paragraph 42(3)

In subsection (1)— in the definition of “financial instrument” for “4.1.17” substitute “ 4.1.15 ”; omit the definition of “multilateral trading facility”; omit the definition of “regulated market”; and in the appropriate places, insert— “competent authority” has the meaning given in Article 4.1.26 (definitions) of the markets in financial instruments directive; “derivative” means a derivative referred to in points (4) to (10) of Section C of Annex 1 to the markets in financial instruments directive; “non-disclosure of inside information” means a failure to disclose inside information, as defined by Article 7 (inside information) of the market abuse regulation, in contravention of Article 17 (public disclosure of inside information) of that Regulation; “market abuse” means a contravention of Article 14 (prohibition of insider dealing and of unlawful disclosure of inside information) or 15 (prohibition of market manipulation) of the market abuse regulation; “systematic internaliser” has the meaning given in Article 4.1.20 of the markets in financial instruments directive; “trading venue” has the meaning given in Article 4.1.24 of the markets in financial instruments directive.

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