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Financial Services and Markets Act 2000

Financial Services and Markets Act 2000 s 313A

s 313A FCA's power to require suspension or removal of financial instruments from trading

(1) The FCA may, for the purpose of protecting— (a) the interests of investors, or (b) the orderly functioning of the financial markets, require an institution or a class of institutions to suspend or remove a financial instrument from trading. (2) If the FCA exercises the power conferred by subsection (1), the matter may be referred to the Tribunal by— (a) the institution or, as the case may be, any institution in the class, or (b) the issuer of the financial instrument (if any). (3) In this section, “ trading ” includes trading otherwise than on a trading venue .

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