Retained EU Law 2016 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)

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What's here

3 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.

s.art002

Format for the record keeping of the written minutes or notes

  • Use prescribed templates for market sounding minutes
s.art003

Format for the record keeping of the data regarding potential investors

  • Keep records of market sounding information in required formats
s.art004

Format for communicating and recording that the information has ceased to be inside information

  • Inform market sounding recipients when information ceases to be inside information and keep records
Browse 2 other sections — procedural / definitional / commencement
s.art001

Electronic format for the records

s.art005

Entry into force

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