Wednesday November 22 2017
News Source: Global Exchanges
Focus: Other
Type: General
Country: European Union
Link: https://www.esma.europa.eu/press-news/esma-news/esma-updates-qa-mar-1
The European Securities and Markets Authority (ESMA) has updated its Questions & Answers (Q&A) document regarding the implementation of the Market Abuse Regulation (MAR).
MAR is intended to guarantee the integrity of European financial markets and increase investor confidence. The concept of market abuse typically consists of insider dealing, unlawful disclosure of inside information, and market manipulation.
The update concerns two questions on ‘managers’ transactions. The update pays particular attention to addressing in particular trading during “closed periods” by persons discharging managerial responsibilities (PDMRs)
For additional information please click the link above