CopiedWhich are the MAR sanctioned infringements?

MAR sanctioned infringements include failures to comply with:

• the prohibition of insider dealing and of unlawful disclosure of inside information (art. 14);
• the prohibition of market manipulation (art. 15);
• the requirements concerning prevention and detection of market abuse (art. 16);
• the requirements on Public disclosure of inside information (art. 17);
• the requirements on management of the insider list (art. 18), including;
• failure to promptly create or update an insider list;
• lack of information to, or information collection from, insiders regarding MAR;
• missing dates and time-stamps for changes in the insider list;
• dissemination of insider list information to non-authorised persons;
• inadequate archiving of the insider list and related previous versions;
• unnecessary delay in submitting the insider list to the NCA;