3In
accordance with the RAP regulations,
references in section 312B of the Act to regulated market are to be read as including
reference to an auction platform and
references to MiFID are to
be read as including reference to the auction
regulation.
The FCA5 will approve an acquisition or an increase in 3control if it is satisfied that the acquisition by the person seeking approval does not pose a threat to the sound and prudent management of any financial market operated by the UK RIE (see section 301F(4) of the Act).6353334