S.L. 345.4 Art. 1Title and objective.

(1) The title of these regulations is the Regulated Markets and Market Operators (Authorisation Requirements) Regulations.

(2) The scope of these regulations is to transpose Article 4(1)

paragraph (37), Article 45(1) to (3), sub-paragraphs (a) to (d) of Article 45(4), Article 45(5) to (8), Article 47, Article 53(1) and (2) and Article 54(1) to (3) of MiFID, as herein defined and shall be interpreted and applied accordingly.

(3) The purpose of these regulations is partially to implement the relevant provisions of Articles 37, 39, 42 and 43 of the Directive and shall be interpreted and applied accordingly.