A person approved by the Financial Conduct Authority (FCA) under section 89P of the Financial Services and Markets Act 2000 (FSMA). A PIP acts as regulatory information service (RIS) and disseminate the full text of regulatory announcements required by the Listing Rules (LR), Disclosure Guidance and Transparency Rules (DTR) and UK Market Abuse Regulation (UK MAR) on behalf of issuers by passing the announcements to news vendors (that is, secondary information providers (SIPs)).

For more information, see Practice note, Regulatory Information Services.