Retained EU Law SI 2016/959 United Kingdom

Commission Implementing Regulation (EU) 2016/959 of 17 May 2016 laying down implementing technical standards for market soundings with regard to the systems and notification templates to be used by disclosing market participants and the format of the records in accordance with Regulation (EU) No 596/2014 of the European Parliament and of the Council (Text with EEA relevance)

Read it on legislation.gov.uk (opens in a new tab)
Status
In Force
Penalty ceiling
Regulated

Does it bind you?

Business-side roles with duties under this instrument.

Any Person3

Other Acts binding the same actors

If a role above is yours, these are the other instruments that most often bind it.

Any Person — also bound by 2340 other Acts

What it requires

Regulations creating concrete business duties or carrying penalties, grouped as the instrument is structured. Titles link to the source text — blue means you’re leaving for legislation.gov.uk.

s.art002 Format for the record keeping of the written minutes or notes Regulated
  • Use prescribed templates for market sounding minutesAny Person
s.art003 Format for the record keeping of the data regarding potential investors Regulated
  • Keep records of market sounding information in required formatsAny Person
s.art004 Format for communicating and recording that the information has ceased to be inside information Regulated
  • Inform market sounding recipients when information ceases to be inside information and keep recordsAny Person
2 other provisions — procedural and definitional
s.art001 Electronic format for the records
s.art005 Entry into force

Duty extraction and severity labels are Guvnor’s analysis of the instrument, not the instrument itself. Always verify against the linked source text.