Regulation of specific derivatives

This Overview is a guide to the Banking & Finance content within the Regulation for derivatives lawyers—Regulation of specific derivatives subtopic, with links to appropriate materials.

How equity derivatives are regulated

Equity derivatives are financial instruments that reference and offer economic exposure to the performance of an equity asset or other equity-related variable from which the instrument’s price or value is derived.

The regulation of derivatives is governed by a number of statutory and regulatory instruments, principally:

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the Financial Services and Markets Act 2000 (FSMA 2000)
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the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001, SI 2001/544 (as amended)
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the recast Markets in Financial Instruments Directive 2014/65/EU (OJ L 173, 12.6.2014, p 349) (MiFID II) and Markets in Financial Instruments Regulation (EU) 600/2014 (OJ L 173, 12.6.2014, p 84) (EU MiFIR), which apply in the EU, and UK legislation which implemented or related to EU MiFID II and which forms part of EU assimilated law and Assimilated Regulation (EU) 600/2014

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