Market-abuse report redaction is the removal of personal data from a suspicious transaction and order report. UK MAR Art. 16(2) obliges firms professionally arranging or executing transactions to notify the FCA without delay when they suspect abuse, and the conduct is judged against the prohibitions in Arts. 14 and 15. The filing itself goes to the regulator in full; every internal copy is where the personal data risk sits. anonym.plus marks each subject and source field on your machine.
When this applies
The filing names a suspected person, the employee who raised it and the trading account involved. You strip those before any internal or onward extract circulates beyond the surveillance team.
How anonym.plus handles it
- Open the file in anonym.plus on your device.
- Local OCR reads a scanned or printed copy.
- The tool flags subject, source, and account data.
- Keep the event timeline and order details.
- Swap or black out the confirmed identifiers.
- Save the clean copy locally.
What you need to provide
- The filing (PDF, DOCX, or scan).
- An operator (Redact suits sensitive material).
- Optional name map, kept under strict control.
PII & financial identifiers detected
| Category | anonym.plus entity type | Example |
|---|---|---|
| Names | PERSON | suspected K. Halloran → [SUBJECT] |
| Names | PERSON | filer/source → [SOURCE] |
| Identifiers | NATIONAL_ID | subject ref → [ID] |
| Financial | UK_BANK_NUMBER | trading acct → [ACCOUNT] |
| Contact | EMAIL_ADDRESS | filer@example.co.uk → [EMAIL] |
| Dates | DATE_TIME | events 03/2025 → [DATE] |
Compliance achieved
- The reporting duty itself sits in UK MAR Art. 16(2) for firms professionally arranging or executing transactions.
- The conduct is measured against UK MAR Arts. 14 and 15 and, for the criminal offence, Part V of the Criminal Justice Act 1993.
- The subject has no automatic sight of the file: DPA 2018 Sch. 2 Part 1 para. 2 restricts subject access where crime prevention or detection would be prejudiced.
- An internal reporter is protected under Part IVA of the Employment Rights Act 1996 and the whistleblowing rules in FCA SYSC 18 — shield the source in every onward copy.
- Information the firm gives the FCA is confidential under FSMA 2000 s.348; the filing goes to the regulator unredacted.
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Limitations & cautions
The report reaches the FCA in full — redact only an internal or onward extract, never the submitted version. The source's identity is the most sensitive field in the file, and a narrative can point to them by role alone. Read the free text before any internal circulation.
Frequently asked questions
Should I redact the version sent to the regulator?
No. UK MAR Art. 16(2) requires a complete notification, and FSMA 2000 s.348 makes what the FCA receives confidential. Redact only an internal or onward extract.
Can the subject demand a copy under a subject access request?
Not automatically. DPA 2018 Sch. 2 Part 1 para. 2 lets a controller restrict access where disclosure would be likely to prejudice the prevention or detection of crime. Take that decision case by case.
How is the internal reporter protected?
The tool flags the source field so you can shield it in every shared copy. Their legal protection comes from Part IVA of the Employment Rights Act 1996 and FCA SYSC 18.