On April 15, 2015, the FCA published final guidance for MTF operators on regulatory requirements for MTF rulebooks and procedures as set out in the Market Conduct Sourcebook of the FCA Handbook. The FCA consulted on its proposed guidance late in 2014 which was based on feedback received through a thematic review. The FCA expects all MTF operators to be able to demonstrate that they have considered the good practice observations included in the guidance when setting their approach to compliance with the Market Conduct requirements.

The final guidance is available at: http://www.fca.org.uk/static/documents/finalised-guidance/fg15-06.pdf