Regulatory Alerts2022-05-18
Added · Updated
CSSF Circular 22/813 on MAR Guidelines for Delaying Inside Information Disclosure and Prudential Supervision Interactions
The CSSF integrates the ESMA MAR Guidelines on delaying inside information disclosure and interactions with prudential supervision into its administrative practice, requiring all issuers bound by Article 17 of MAR to comply. The circular repeals Circular CSSF 16/646 and applies as from 13 June 2022. Issuers must assess whether delaying disclosure meets conditions such as preventing prejudice to legitimate interests or avoiding misleading the public, particularly regarding draft SREP decisions, P2R, and P2G.
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Topics
market-abuse
disclosure
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