MAR 9.1 Application, approach and structure
Application
1This chapter applies to:
- (1)
a UK person (that is a person whose registered office or head office is located in the UK) seeking authorisation to provide a data reporting service;
- (2)
A UK2 branch of a third country person seeking authorisation to provide a data reporting service as an ARM or APA3;1
- (3)
a2 MiFID investment firm operating a trading venue seeking verification of its rights to provide a data reporting service under regulation 5(b) or (c) of the DRS Regulations;1
- (4)
a UK RIE seeking verification of its rights to provide a data reporting service under regulation 5(d) of the DRS Regulations; and1
- (5)
This chapter is not limited to operators of trading venues and firms.
[Note: article 59 of MiFID]
Approach
3This regulatory framework enables the authorisation and supervision of data reporting service providers whose services form a key component of transparency in wholesale markets and, in the case of approved reporting mechanisms, a reporting service that assists in the detection and prevention of market abuse.
Structure
The following table provides an overview of this chapter:
Handbook reference |
Topic and specific application |
Application, approach and structure |
|
Authorisation and verification |
|
Operating requirements |
|
Financial resources requirements for consolidated tape providers |
|
Notification and information |
|
Supervisory regime |
|
Frequently Asked Questions |
|
Forms |