Section 32(4)

M must have in place effective systems and controls which ensure— M conducts an assessment and review of the suitability of clients using the service; clients using the service are prevented from exceeding appropriate pre-set trading and credit thresholds; trading by clients using the service is properly monitored; and risk controls prevent trading by clients which— may create risks to M itself; could create, or contribute to, a disorderly market; could be contrary to the market abuse regulation; or could be contrary to the rules of the regulated market or multilateral facility to which M provides direct electronic access.

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