Accepted market practice
For the purposes of the market abuse ( www.practicallaw.com/8-107-6815) regime, broadly, a type of behaviour employed in the course of dealing in financial markets that can reasonably be expected, and is therefore accepted, in a particular national market (for example, as a result of customs established over a lengthy period of time), although it may potentially constitute market abuse in another national market. The concept of accepted market practices, including the criteria that a competent authority ( www.practicallaw.com/5-107-5959) must take into account and the process it must follow in order to establish an accepted market practice, is set out in Article 13 of the Market Abuse Regulation ( www.practicallaw.com/5-626-6147) . For more information, see Practice note, Market Abuse Regulation (MAR): overview: Accepted market practices (AMPs) ( www.practicallaw.com/3-583-3047) .
Before 3 July 2016, the term was defined in section 130A(3) of the Financial Services and Markets Act 2000 ( www.practicallaw.com/7-107-5760) .