Reset to Today

To access the FCA Handbook Archive choose a date between 1 January 2001 and 31 December 2004.

Content Options:

Add to favourites

View Options:

More Resources:

External link Handbook Publications

Alternative versions

  3. Point in time
    2015-09-01

DTR 1.5 Fees, market abuse safe harbours and sanctions

Fees

DTR 1.5.1GRP

FEES 4 sets out the fees payable by an issuer to the FCA.1

1

Market abuse safe harbours

DTR 1.5.2R

Pursuant to section 118A(5) of the Act, behaviour conforming with the disclosure rules specified below does not amount to market abuse under section 118(1) of the Act:

  1. (1)

    DTR 1.3.4 R (Misleading information not to be published);

  2. (2)

    DTR 1.3.6 R (Notification when a RIS is not open for business);

  3. (3)

    DTR 2.2.1 R (Requirement to disclose inside information); and

  4. (4)

    DTR 2.5.1 R (Delaying disclosure).

Sanctions

DTR 1.5.3GRP

  1. (1)

    If the FCA considers that an issuer, a person discharging managerial responsibilities or a connected person has breached any of the disclosure rules it may, subject to the provisions of the Act, impose on that person a financial penalty or publish a statement censuring that person.

  2. (2)

    If the FCA considers that a former director was knowingly concerned in a breach by an issuer it may, subject to the provisions of the Act, impose on that person a financial penalty.