The Market Abuse Regulation: Practical Tips for Compliance with the New Regime

3 August 2016
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Key takeaways

  • The Market Abuse Regulation (“MAR”) came into force throughout the European Union on 3 July 2016.
  • The new market abuse regime under MAR is broader in scope than its predecessor and is one of the most significant new regulations to apply to companies with securities listed and traded in the European Union.
  • Many of the new requirements contained in MAR are supplemented by detailed technical standards set out in delegated regulations, many of which were only published very recently.
  • Key areas of MAR that require immediate attention are the maintenance of insider lists, monitoring and reporting senior management dealings, and control and release of inside information.
  • Given the complexity of this new regime, there are many questions about how the new rules apply and how to ensure compliance.