Market abuse and market conduct

This overview provides a guide to content within the market abuse and market conduct subtopic with links to the appropriate materials.

EU Market Abuse Regulation

The EU Market Abuse Regulation (Regulation (EU) 596/2014) repealed and replaced the then existing Market Abuse Directive (MAD) (EC) 2003/6 and its implementing legislation in the EU on 3 July 2016. The EU Market Abuse Regulation aimed to strengthen the existing market abuse framework by extending its scope to new markets and platforms, new instruments and new behaviours.

The EU Market Abuse Regulation established a common regulatory framework on market abuse as well as measures to prevent market abuse to ensure the integrity of the EU financial markets and enhance investor protection and confidence in those markets.

The EU Market Abuse Regulation applies to in-scope financial instruments admitted to trading on certain EU trading venues (or for which a request for admission to trading has been made).

Directive 2014/57/EU on criminal sanctions for market abuse (CSMAD) took effect in Europe on 3 July 2016. The UK chose not to opt in to CSMAD whilst it was a member state. For

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