RAP recognition requirements
- 105(1) (in relation to an RAP) any of the requirements applicable to an RAP under the RAP regulations, the auction regulation or MiFIR and any EU regulation adopted under MiFID or MiFIR172.
- (2) (in relation to a UK RIE applying for recognition as an RAP) any of the requirements under the RAP regulations, the auction regulation or MiFIR and any EU regulation adopted under MiFID or MiFIR172 which, if its application were successful, would apply to it.