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) .

{ "siteName" : "PLC", "objType" : "PLC_Doc_C", "objID" : "1247245088624", "objName" : "Accepted market practice", "userID" : "2", "objUrl" : "http://uk.practicallaw.com/cs/Satellite/resource/6-200-9270?null", "pageType" : "Resource", "academicUserID" : "", "contentAccessed" : "true", "analyticsPermCookie" : "25e8a493e:15b0ad34546:-101", "analyticsSessionCookie" : "25e8a493e:15b0ad34546:-100", "statisticSensorPath" : "http://analytics.practicallaw.com/sensor/statistic" }