The procedures in (1) must enable employees to report internally through a specific, independent and autonomous channel.
The channel referred to in (2) may be provided through arrangements made by social partners, subject to the Public Interest Disclosure Act 1998 and the Employment Rights Act 1996 to the extent that they apply.
[Note: article 73(2) of MiFID]
SYSC 18.6.1R applies to a third country investment firm as if it were a UK MiFID investment firm (unless it is a collective portfolio management investment firm) when the following conditions are met:
article 24(3) of the securities financing transactions regulation.