Related provisions for REC 6A.1.2
1 - 6 of 6 items.
An EEA
market operator has exempt person status
as respects any regulated activity which
is carried on as a part of its business of operating a regulated
market or multilateral trading
facility if the operator made arrangements in the United Kingdom on or before 31 October 2007
to facilitate access to, or use of, that regulated
market or multilateral trading
facility.
The Act prohibits any person from carrying on, or purporting to carry on, regulated activities in the United Kingdom unless that person is an authorised person or an exempt person. If an overseas investment exchange wishes to undertake regulated activities in the United Kingdom, it will need to:2(1) obtain a Part 4A permission2 from the FCA2; or422(2) [deleted]4(3) [deleted]4113331(4) obtain exempt person status by being declared by the FCA2 to be an ROIE.222
This chapter does not apply to the carrying on of: (1) activities between operators and depositaries, of the same fund (when acting in that capacity); or(2) energy market activity and oil market activity which is not MiFID or equivalent third country business but which, if the firm carrying it on were not authorised, would not be a regulated activity because of article 16 of the Regulated Activities Order (Dealing in contractually based investments) or article 22 of the Regulated