MAR 5.6 Reporting requirements

MAR 5.6.1R

1A firm operating an MTF must:

  1. (1)

    report to the FCA:

    1. (a)

      significant breaches of the firm's rules;

    2. (b)

      disorderly trading conditions; and

    3. (c)

      conduct that may involve market abuse;

  2. (2)

    supply the information required under this rule without delay to the FCA and any other authority competent for the investigation and prosecution of market abuse; and

  3. (3)

    provide full assistance to the FCA, and any other authority competent for the investigation and prosecution of market abuse, in its investigation and prosecution of market abuse occurring on or through the firm's systems.

[Note:

Article 26(2) of MiFID]

MAR 5.6.2R

3A firm operating an MTF must give the FCA a summary of:

  1. (1)

    any proposal to introduce, amend or renew a scheme for rebating or waiving fees or charges levied on its members or participants (or any group or class of them), at the same time as the proposal is communicated to those members or participants; and

  2. (2)

    any such change, no later than the date when it is published or notified to the members or participants.

MAR 5.6.3R

3The summary referred to in MAR 5.6.2R(1) must be given in the form specified in MAR 5 Annex 2R.