The Conundrum of the Market Abuse Directive Preventative Measures for EU Financial Services' Integration: In Search of Equilibrium between Market Integrity Enhancement and Undue Regulatory Encumbrance

2007 ◽  
Author(s):  
Panagiotis Staikouras
Keyword(s):  
Financial Services ◽  
Market Abuse ◽  
Preventative Measures ◽  
Services Integration ◽  
Market Abuse Directive

Expectations of privacy and market abuse ‐ support for the Financial Services and Markets Act and the Canadian approach

2003 ◽  
Vol 10 (2) ◽  
pp. 117-129
Author(s):  
Mark Jones ◽  
Peter Johnstone
Keyword(s):  
Financial Services ◽  
Market Abuse

scholarly journals OVERVIEW OF THE ROLE-PLAYERS IN THE INVESTIGATION, PREVENTION AND ENFORCEMENT OF MARKET-ABUSE PROVISIONS IN SOUTH AFRICA

Obiter ◽  
2021 ◽  
Vol 34 (2) ◽  
Author(s):  
Howard Chitimira ◽  
Vivienne A Lawack
Keyword(s):  
South Africa ◽  
Public Policy ◽  
Financial Services ◽  
General Public ◽  
Policy Makers ◽  
Market Abuse ◽  
Role Players ◽  
Overview Analysis

This article analyses the role and effectiveness of selected key role-players primarily dealing with the investigation, prevention and enforcement of the market abuse prohibition in South Africa in order to increase awareness on the part of the general public, policy-makers and other relevant stakeholders. To this end, the article provides an overview analysis of selected role-players as well as their distinct functions in the investigation, prevention and combating of market-abuse practices in South Africa. This is done by discussing the roles of the Financial Services Board, the Directorate of Market Abuse and the Enforcement Committee.

Fines

2019 ◽  
Author(s):  
Kenneth Hamer
Keyword(s):  
Financial Services ◽  
Market Abuse

Financial Services and Markets Act 2000, sections 66(3) (‘If the regulator is entitled to take action under this section against [an approved] person, it may … impose a penalty on him for such amount as it considers appropriate …’) and 123 ((1) If the FCA is satisfied that a person … has engaged in market abuse … it may impose on him a penalty of such amount as it considers appropriate. … (3) If the FCA is entitled to impose a penalty on a person under this section it may, instead of imposing a penalty on him, publish a statement to the effect that he has engaged in market abuse.’)

A historical overview of the general implementation of the European Union Market Abuse Directive in the United Kingdom before Brexit and its future implications

2017 ◽  
Vol 24 (2) ◽  
pp. 217-244
Author(s):  
Howard Chitimira
Keyword(s):  
European Union ◽  
United Kingdom ◽  
Insider Trading ◽  
The European Union ◽  
Member States ◽  
Market Abuse ◽  
The United Kingdom ◽  
Insider Dealing ◽  
The Eu ◽  
Market Abuse Directive

The European Union (EU) was arguably the first body to establish multinational anti-market abuse laws aimed at enhancing the detection and curbing of cross-border market abuse activities in its Member States. Put differently, the EU Insider Dealing Directive was adopted in 1989 and was the first law that harmonized the insider trading ban among the EU Member States. Thereafter, the European Union Directive on Insider Dealing and Market Manipulation (EU Market Abuse Directive) was adopted in a bid to improve and effectively discourage all forms of market abuse in the EU’s securities and financial markets. However, the EU Market Abuse Directive had its own gaps and flaws. In light of this, the Market Abuse Regulation and the Criminal Sanctions for Market Abuse Directive were enacted to repeal and replace the EU Market Abuse Directive in 2016. The article examines the adequacy of the EU Market Abuse Directive and its implementation in the United Kingdom (UK) prior to the UK’s vote to leave the European Union (Brexit). This is done to investigate the possible implications of the Brexit referendum outcome of 23 June 2016 on the future regulation of market abuse in the UK.

The EU Market Abuse Directive: understanding the implications

2005 ◽  
Vol 6 (2) ◽  
pp. 30-37 ◽  
Author(s):  
Alan Mangelsdorf
Keyword(s):  
Market Abuse ◽  
The Eu ◽  
Market Abuse Directive
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