(1) The 2000 Act is amended as follows.
(2) In section 1D(2)(c) [Section 1D(2)(c) was inserted by section 6(1) of the Financial Services Act 2012.] (the integrity objective) for "behaviour that amounts to market abuse" substitute "contraventions by persons of Article 14 (prohibition of insider dealing and of unlawful disclosure of inside information) or Article 15 (prohibition of market manipulation) of the market abuse regulation".
(3) After section 55J(7ZA) [Section 55J(7) was inserted by section 11(2) of the Financial Services Act 2012.] (variation or cancellation on initiative of regulator) insert -
"(7ZB) Without prejudice to the generality of subsections (1) and (2), the FCA may, in relation to an authorised person who is an investment firm, exercise its power under this section if it appears to it that the authorised person has failed to comply with a requirement of the market abuse regulation or of a directly applicable EU regulation made under the market abuse regulation.".
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