Regulatory information.

This website contains links to sites operated by persons outside our group of companies. We are not responsible for the privacy practices, content or the products and services provided through these sites.

The information within this site is based on our understanding of current law and practice and is subject to any changes of legislation or regulations.


Financial Conduct Authority

At Halifax Share Dealing, we believe that this site tells you what you need to know to make an informed decision about our products.

If you'd like more general information, the FCA, the financial services regulator, provides a range of free consumer booklets and factsheets and a Consumer Helpline.

Visit their website (opens new window) or call 0300 500 8082.

The FCA can only give general information and cannot recommend the products of any company.


Market Abuse

The Market Abuse Regulation which came into effect on 3rd July 2016 expressly prohibits insider dealing, market manipulation and misleading behaviour. Making statements or spreading rumours through the mass media or otherwise (e.g. internet chat rooms or forums) which give or are likely to give a regular user of the stockmarket false or misleading impressions as to the supply of or demand for a listed share, can be a criminal offence.

There are three main types of market abuse that are outlined below:

Misuse of information

Behaviour based on information which is not generally available, which if known, would be relevant to an investor's dealings in a particular stock. This is effectively dealing or encouraging someone else to deal using information about a stock that has not been released to the market.

Creating a false or misleading impression

Behaviour likely to give a false or misleading impression with regard to the supply and demand, or the price or value of an investment or stock.

Internet bulletin boards are a popular mode of communication between investors, but these areas can be open to market abuse. For example: a person may post a message about a stock's profitability or a company's activities in order to incite other people to invest in the stock.

Distorting the market

Behaving in a way that leads to the manipulation of the price of an investment. This behaviour could lead to a false impression of the market price to investors.

Financial and Trade Sanctions

If you are planning to directly or indirectly engage in any form of business, or to remit or receive funds (in any currency) that may involve the countries with financial trade sanctions imposed on them, or an individual or entity who has been specially designated - please contact us beforehand, as transactions could otherwise be delayed, rejected, or frozen.

More information can be found on our help centre.


Penalties

The Financial Conduct Authority has the power to impose an unlimited financial penalty on any individual (whether or not they are employed in the financial sector) where it can be proven that market abuse has occurred.

You can find further information about the Market Abuse Regulation on the Financial Conduct Authority website at http://www.fca.org.uk/firms/markets/market-abuse or call 0300 500 8082.