Regulatory Alerts2016-05-18
Market Abuse Regulation – Practical Instructions
The Belgian Financial Services and Markets Authority (FSMA) issues practical instructions to clarify reporting and notification obligations under the Market Abuse Regulation (MAR) for issuers, insiders, and market participants. The document mandates specific procedures for maintaining insider lists, documenting market soundings, reporting manager transactions via the eMT application, and notifying suspicious orders. It also incorporates ESMA guidelines on market soundings and the deferral of insider information disclosure, while establishing safe harbor reporting requirements for share buybacks and stabilization activities.
Share