(1) Where an issuer or an emission allowance market participant delays the disclosure of inside information under Article 17.4 (public disclosure of inside information) of the market abuse regulation it is required to provide a record of its written explanation of how the conditions set out in Article 17.4 were met to the FCA only upon the FCA's request.

(2) In this regulation -

"emission allowance market participant" has the meaning given in Article 3.1(20) of the market abuse regulation; and

"issuer" has the meaning given in Article 3.1(21) of the market abuse regulation.