(1) An investment firm shall -
(a) keep for at least 5 years a record of all relevant data relating to each transaction in financial instruments that is executed by the firm, whether on own account or on behalf of a client,
(b) make the data available to the Bank for inspection at any time, and
(c) include in the record if the transaction is executed on behalf of a client -
(i) all the information and details of the identity of the client, and
(ii) the information required under Directive 2005/60/EC of the European Parliament and of the Council of 26 October 2005 [OJ No. L309, 25.11.2005, p.15].
(2) Unless exempted by the Bank under paragraph (5), an investment firm that executes any transaction in any financial instruments admitted to trading on a regulated market shall report details of any such transaction to the Bank or any person that the Bank nominates for that purpose as quickly as possible, but no later than the close of the following working day.
(3) Unless exempted by th