MAR Sch 2 Notification requirements

2MAR 5.3A.3R(4)

Market making agreements

Content of market making agreements

Upon formation of a binding written agreement

Without delay

2MAR 5.3A.8R

Trading halts on material markets

Information that trading is halted in a financial instrument

Upon trading halt

Without delay

2MAR 5.6.1R(1)

Non-compliant, disorderly or abusive trading

Information of the occurrence of significant breaches of rules, disorderly trading, system disruptions, or conduct that may involve market abuse

Upon occurrence of the breach, conditions or conduct

Without delay

2MAR 5.6A.1R(3)

Suspension and removal of financial instruments

Information of the suspension or removal of a financial instrument and any related or referenced derivative

Upon suspension or removal

Without delay

2MAR 5A.5.3R(4)

Market making agreements

Content of market making agreements

Upon formation of a binding written agreement

2MAR 5A.5.8R

Trading halts on material markets

Information that trading is halted in a financial instrument

Upon trading halt

Without delay

2MAR 5A.8.1R(1)

Non-compliant, disorderly or abusive trading

Information of the occurrence of significant breaches of rules, disorderly trading, system disruptions, or conduct that may involve market abuse

Upon occurrence of the breach, conditions or conduct

Without delay

2MAR 5A.9.1R(3)

Suspension and removal of financial instruments

Information of the suspension or removal of a financial instrument and any related or referenced derivative

Upon suspension or removal

Without delay

2MAR 6.4.1R

Systematic internaliser status

Information of gaining or ceasing systematic internaliser status

Upon becoming or ceasing to be a systematic internaliser

Without delay

2MAR 7A.3.6R

Engaging in algorithmic trading

Information that a member of a trading venue is engaging in algorithmic trading

Upon engagement in algorithmic trading

Without delay

2MAR 7A.4.4R

Provision of DEA services

Information that a firm is providing DEA services

Upon engagement in DEA provision

Without delay

2MAR 5.6.2R(1)

Proposal to change fee incentive scheme

Summary of proposal in the form set out in Annex 1

Proposal communicated to members

Without delay

2MAR 5.6.2R(2)

Change to fee incentive scheme

Summary of change

Change published or notified to members

Without delay

MAR 8.3.17 R

Reasonable possibility of not being able to hold sufficient financial resources

Full details together with relevant financial information

Occurrence

As soon as practicable

3MAR 9.2B.5 (3)

Any planned significant changes to IT systems

Summary of changes

Decision to make the planned change

Without delay

3 MAR 9.2B.6(4)

Breaches of the physical and electronic security measures referred to in MAR 9.2B.6 R(1) to MAR 9.2B.6 R(3)

Full details of the breach, including an incident report, indicating the nature of the incident, the measures adopted to cope with the incident and the initiatives taken to prevent similar incidents

Occurrence

Without delay

3MAR 9.2B.10R(8)

Errors or omissions in transaction reports

Summary of the error or omission

Occurrence

Without delay

3MAR 9.3.10R(2)

Non-compliance with any rule in MAR 9 3or other regulatory obligation

Reasons for non-compliance

Occurrence

As soon as reasonably practicable

4MAR 10.2.1CR

Other contracts which offer a comparable economic exposure to that provided by a critical contract and may be used to circumvent the purpose of MAR 10.2.1AR.

Details of the contract

Where a trading venue operator identifies a contract to which MAR 10.2.1CR(1) applies.

Promptly

4MAR 10.2.1ER

When a contract may amount to a critical contract

Details of the contract

When a trading venue operator considers that a contract may amount to a critical contract and requires closer monitoring by it or the FCA for this purpose

Promptly

4MAR 10.2.1MR

Position limit relating to commodity derivative

Position limit details relating to spot month contracts and other months’ contracts

Occurrence

Without delay and prior to imposing a position limit unless it is not reasonably practicable to do so

4MAR 10.2.11R

Position limit exemption granted to a non-financial entity

Details including any conditions such as an exemption ceiling attached to the exemption

Occurrence

Promptly and on an annual basis a list of all exemptions etc. granted to non-financial entities

4MAR 10.2.20R

Position limit exemption to a financial entity

Details including any conditions such as an exemption ceiling attached to the exemption

Occurrence

Promptly and on an annual basis a list of all exemptions etc. granted to financial entities

4MAR 10.2.25R

Position limit exemption granted to a liquidity provider

Details including any conditions such as an exemption ceiling attached to the exemption

Occurrence

Promptly and on an annual basis a list of all exemptions etc. granted to liquidity providers

4MAR 10.3.3CR

Accountability thresholds review

Report details

Whenever there is a significant change to either the position limit or one or more of the factors in MAR 10.3.3ER; and at least on an annual basis

Promptly

4MAR 10.3.3CR

Related contracts

Details of the contract

Occurrence

Promptly

4MAR 10.3.4BR

Miscellaneous comprising:

• risk assessment framework including policies and procedures related to accountability threshold breaches, market risk analysis and additional reporting arrangements;

• additional reporting and other reporting arising from market risk analysis;

• accountability thresholds;

• governance arrangements including for setting position limits and accountability thresholds, identification of relevant contracts and netting arrangements;

• methodologies;

• list of related contracts, related OTC contracts and where relevant related overseas commodity derivative contracts;

• policies and procedures relating to granting of position limit exemptions including exemption ceilings and position limit breaches; and

• information sharing with CCPs.

Details

Implementation and modification

Prior to implementation and modification allowing such time as is necessary for the FCA to consider and assess the relevant matters, prior to proposed implementation