All UK Members conducting regulated activity in the UK, as defined by Financial Services and Markets Act 2000 ("FSMA"), must be authorised by either the Financial Conduct Authority (“FCA”) or the Prudential Regulatory Authority (“PRA”) unless exempted under the FSMA.

Individuals conducting regulated activity in the UK must, where relevant, be registered with either the FCA or the PRA.

Overseas Members must have the appropriate regulatory status in the jurisdiction of their incorporation.

All Members must check that ICE Futures Europe has the relevant regulatory status in each jurisdiction from which they wish to trade ICE Futures Europe Contracts on the ICE Platform.

Where a Member registers a Responsible Individual located in the U.S. who will be executing client business, that Responsible Individual must be employed by a Futures Commission Merchant.