General requirements
- Establish systems to monitor and report suspicious orders and transactions
Retained EU Law
2016
United Kingdom
Commission Delegated Regulation (EU) 2016/957 of 9 March 2016 supplementing Regulation (EU) No 596/2014 of the European Parliament and of the Council with regard to regulatory technical standards for the appropriate arrangements, systems and procedures as well as notification templates to be used for preventing, detecting and reporting abusive practices or suspicious orders or transactions (Text with EEA relevance)
At a glance
What's here
6 compliance obligations
What this Act requires
Sections that create concrete duties on businesses or carry penalties. Procedural and definitional sections are folded into the “Browse other sections” expander at the bottom of each group. Click any section title to read the source text on legislation.gov.uk.
Prevention, monitoring and detection
- Implement systems to prevent and detect market abuse
Training
- Provide regular anti-market-abuse training to relevant staff
Reporting obligations
- Set up systems to detect and report suspicious transactions
Timing of STORs
- Report suspicious transactions and orders without delay
Means of transmission
- Submit STORs using the competent authority's specified electronic means
Browse 3 other sections — procedural / definitional / commencement
Definitions
Content of STORs
Entry into force
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