MIR 2.9.1

A Recognised Body must:

(a) operate an effective market surveillance program and appropriate measures to identify,  monitor,  deter  and  prevent  conduct  which  may  amount  to  market misconduct,  Financial  Crime  and  money laundering  on  and  through  the Recognised Body's facilities; and
(b) immediately report to the Regulator any suspected market misconduct, Financial Crime or money laundering, along with full details of that information in writing.