ESMA updates market abuse Q&As

On 1 October 2018, the European Securities and Markets Authority (ESMA) updated its Questions & Answers (Q&A) document regarding the implementation of the Market Abuse Regulation (MAR).

The European Securities and Markets Authority (ESMA) updated its Questions & Answers (Q&A) document regarding the implementation of the Market Abuse Regulation (MAR).

The purpose of the Q&A document was to promote common supervisory approaches and practices in the application of MAR and its implementing measures. The Q&A included an update of the Q&A on clarifying delayed disclosure of inside information.

MAR is intended to guarantee the integrity of European financial markets and increase investor confidence. Any unlawful behaviour in the financial markets is prohibited. The concept of market abuse typically consists of insider dealing, unlawful disclosure of inside information, and market manipulation.