1 Citation and commencement

This Order may be cited as the Insider Dealing (Securities and Regulated Markets) (Amendment) Order 2002, and comes into force on the day after the day on which it is made.

NOTES
Initial Commencement
Specified date

Specified date: 19 July 2002: see above.

Insider Dealing96 Regulation of Dealing in Securities96 Regulation & Offences94 Securities96 Criminal Law & Disposition of Offenders96 Offences against the State & the General Public96 Financial & Business Offences96 Company Law & Business Entities96 Companies & Corporate Bodies96 Banking & Finance Law94

2 Amendment of the Insider Dealing (Securities and Regulated Markets) Order 1994

2Amendment of the Insider Dealing (Securities and Regulated Markets) Order 1994

(1)    The Insider Dealing (Securities and Regulated Markets) Order 1994 is amended as follows.

(2)    In article 9, omit “, operated by J P Jenkins Limited”.

(3)    In article 10—

(a)    for “Tradepoint Financial Networks plc”, substitute “virt-x Exchange Limited”;

(b)    for “CORDEAL Limited”, substitute “the exchange known as COREDEALMTS”;

(c)    omit “, operated by J P Jenkins Limited”.

(4)    In the Schedule—

(a)    for “CORDEAL Limited”, substitute “The exchange known as COREDEALMTS.”;

(b)    after “Stuttgart Stock Exchange”, insert “The exchange known as SWX Swiss Exchange.”;

(c)    omit “Tradepoint Financial Networks plc.”;

(d)    after “Vienna Stock Exchange.”, insert “virt-x Exchange Limited.”.

NOTES
Initial Commencement
Specified date

Specified date: 19 July 2002: see art 1.

Insider Dealing96 Regulation of Dealing in Securities96 Regulation & Offences94 Securities96 Criminal Law & Disposition of Offenders96 Offences against the State & the General Public96 Financial & Business Offences96 Company Law & Business Entities96 Companies & Corporate Bodies96 Banking & Finance Law94

Signature

Ian Pearson

Jim Fitzpatrick

Two of the Lords Commissioners of Her Majesty's Treasury

18th July 2002

Insider Dealing96 Regulation of Dealing in Securities96 Regulation & Offences94 Securities96 Criminal Law & Disposition of Offenders96 Offences against the State & the General Public96 Financial & Business Offences96 Company Law & Business Entities96 Companies & Corporate Bodies96 Banking & Finance Law94

EXPLANATORY NOTE

EXPLANATORY NOTE (This note is not part of the Order)

This Order makes changes to the list of “regulated markets” (in article 9 of, and the Schedule to, the Insider Dealing (Securities and Regulated Markets) Order 1994 (“the 1994 Order”)), and to the list of markets which are regulated in the United Kingdom (in article 10 of the 1994 Order). Both “regulated markets” and markets regulated in the United Kingdom are concepts relevant to the scope of the insider dealing provisions in Part V of the Criminal Justice Act 1993 (c 36) (“the 1993 Act”). The references to “Tradepoint Financial Networks plc” and “CORDEAL Limited” in both lists are changed to “virt-x Exchange Limited” and “COREDEALMTS” respectively, to reflect name changes by these institutions. In addition, in both lists the references to “J P Jenkins Limited” are removed, to reflect changes in the organisation of the market known as OFEX. The exchange known as SWX Swiss Exchange is also added to the list of exchanges in the Schedule, with the effect that any market established under its rules is a “regulated market” for the purposes of Part V of the 1993 Act.

Insider Dealing95 Regulation of Dealing in Securities95 Regulation & Offences94 Securities95 Criminal Law & Disposition of Offenders96 Offences against the State & the General Public95 Financial & Business Offences96 Company Law & Business Entities95 Companies & Corporate Bodies95 Banking & Finance Law94