- Status
- In Force
- Penalty ceiling
- Regulated
Does it bind you?
Business-side roles with duties under this instrument.
Any Person6
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
Human Medicines Regulations 2012
184 duties
Merchant Shipping Act 1995
144 duties
Insolvency (England and Wales) Rules 2016
104 duties
Communications Act 2003
92 duties
Road Traffic Act 1988
92 duties
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.art001
General requirements
Regulated
- Regularly review and update market sounding compliance proceduresAny Person
s.art002
Procedures for the purposes of conducting market soundings
Regulated
- Set up written procedures for conducting market soundingsAny Person
s.art003
Standard set of information for the communications to persons receiving the market sounding
Regulated
- Exchange standard set of information during market soundingsAny Person
s.art004
Data regarding persons receiving the market sounding
Regulated
- Maintain records of market sounding disclosures and opt-out requestsAny Person
s.art005
Procedure for notifying where the information has ceased to be inside information
Regulated
- Notify recipients when market sounding information is no longer inside informationAny Person
s.art006
Record keeping requirements
Regulated
- Keep detailed records of all market soundingsAny Person
1 other provision — procedural and definitional
s.art007
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.