Statutory Instruments
2008 No. 1439
Financial Services And Markets
The Financial Services and Markets Act 2000 (Market Abuse) Regulations 2008
Made
5th June 2008
Laid before Parliament
6th June 2008
Coming into force
30th June 2008
The Treasury are a government department designated( 1 ) for the purposes of section 2(2) of the European Communities Act 1972( 2 ) in relation to insider dealing and market manipulation;
In exercise of the powers conferred upon them by section 2(2) of that Act, the Treasury hereby make the following Regulations:
Citation and commencement
1. —(1) These Regulations may be cited as the Financial Services and Markets Act 2000 (Market Abuse) Regulations 2008.
(2) These regulations shall come into force on 30th June 2008.
Interpretation
2. In these Regulations “the 2000 Act” means the Financial Services and Markets Act 2000( 3 ).
Amendment of Part 8 of the 2000 Act
3. —(1) The 2000 Act is amended as follows.
(2) In subsection (9) of section 118 (market abuse)( 4 ), for “30 June 2008” substitute “31 December 2009”.
(3) In subsection (6) of section 118A (supplementary provision about certain behaviour)( 5 ), for “30 June 2008” substitute “31 December 2009”.
Frank Roy
Steve McCabe
Two of the Lords Commissioners of Her Majesty’s Treasury
5th June 2008
2000 c.8 .
Substituted, together with ss118A-118C, for original s118 by the Financial Services and Markets Act 2000 (Market Abuse) Regulations 2005, SI 2005/381 , reg 5, Sch 2, para 1 as from 1 July 2005.
Substituted as noted to s118.
OJ No L96, 12.4.2003, p.16