Statutory Instruments
2011 No. 2928
Financial Services And Markets
The Financial Services and Markets Act 2000 (Market Abuse) Regulations 2011
Made
7th December 2011
Laid before Parliament
8th December 2011
Coming into force
31st December 2011
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 on 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 2011.
(2) These Regulations come into force on 31st December 2011.
Amendment of Part 8 of the Financial Services and Markets Act 2000
2. —(1)The Financial Services and Markets Act 2000 Act( 3 ) is amended as follows.
(2) In subsection (9) of section 118 (market abuse)( 4 ), for “31 December 2011” substitute “31 December 2014”.
(3) In subsection (6) of section 118A (supplementary provision about certain behaviour)( 5 ), for “31 December 2011” substitute “31 December 2014”.
James Duddridge
Jeremy Wright
Two of the Lords Commissioners of Her Majesty’s Treasury
7th December 2011
1972 c.68 . Section 2(2) of and paragraph 2 of Schedule 2 to the 1972 Act were amended by section 27 of the Legislative and Regulatory Reform Act 2006 (c.51) , and section 3 of, and the Schedule to, the European Union (Amendment) Act 2008 (c.7) .
2000 c.8 .
Substituted, together with sections 118A – 118C, for original section 118 by S.I. 2005/381 , regulation 5, Schedule 2, paragraph 1 as from 1 July 2005, and further amended by S.I. 2008/1439 and 2009/3128 .
Substituted and amended as noted to section 118.
OJ No L96, 12.4.2003, p.16.