(1) Before Article 1, insert -
1. Subject to paragraph 2, this Regulation applies to -
(a) an investment firm which has its head office in the United Kingdom;
(b) a person authorised by the FCA to provide a data reporting service under the Data Reporting Services Regulations 2017 [S.I. 2017/699.];
(c) a market operator which has its registered office (or if it has no registered office, its head office) in the United Kingdom, including any UK regulated markets they operate.
2. This Regulation does not apply to -
(a) any person excluded from the definition of "investment firm" in Schedule 3 to the Regulated Activities Order;
(b) any firm which has permission under Part 4A of FSMA to carry on regulated activities as an exempt investment firm, within the meaning of regulation 8 of the Markets in Financial Instruments Regulations 2017.".
(a) in paragraph 1, for the words from "in accordance with" to the end of the paragraph, substitute "in rel