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Jurisdiction(s):
United Kingdom
Related legal acts

FCA suspensions/removals of financial instruments: UK RIE/MTF/OTF duties, cross-market obligations, related derivatives and notifications under FSMA 2000 Part 18A, REC/MAR and UK MAR

Practice notes
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This Practice Note sets out details of the Financial Conduct Authority (FCA) powers found in Part 18A of the Financial Services and Markets Act 2000 (FSMA 2000) and in the Financial Services and Markets Act 2000 (Recognition Requirements for Investment Exchanges and Clearing Houses) Regulations 2001, SI 2001/995, (the Recognition Requirements Regulations) to suspend or remove financial instruments from trading, together with related provisions contained in the FCA Handbook. For information on the EU’s MiFID II framework for suspending or removing financial instruments from trading, see Practice Note: EU MiFID II: Suspension and removal of financial instruments from trading.

Background and definitions

Part 18A of FSMA 2000 empowers the FCA to suspend or remove financial instruments from trading, whereas the Recognition Requirements Regulations set out the relevant statutory requirements for suspension and removal by a UK recognised investment exchange (RIE) in the United Kingdom. Schedules 2 and 3 to the Financial Services and Markets Act 2000 (Markets in Financial Instruments) Regulations 2017, SI 2017/701, introduced amendments to FSMA 2000 and to the Recognition Requirements Regulations to reflect changes made by the recast Markets in Financial Instruments Directive (Directive 2014/65/EU) (MiFID II). The FCA’s rules governing the suspension and removal of...

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Web page updated on 21/05/2026

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