On 22 February 2019, the FCA published its 21st Primary Market Bulletin – its newsletter for primary market participants.
In this edition of Primary Market Bulletin, the FCA states that HM Treasury has laid the statutory instruments for onshoring the Short Selling Regulation (SSR) and Market Abuse Regulation (MAR). The FCA expects firms and other regulated entities to undertake reasonable steps to comply with the changes by exit day. The FCA sets out certain considerations for firms from exit day in relation to both the SSR and the MAR.
The FCA also states that at the end of the month it will issue a Policy Statement on changes being made to the Handbook, the binding technical standards associated with MAR and the SRR and other markets related SIs.
In its 21st Primary Market Bulletin that HM Treasury has laid the statutory instruments for onshoring the Short Selling Regulation. The Bulletin sets out the considerations for firms from exit day in relation to the SI.