The European Securities and Markets Authority (ESMA) has updated today its Q&A on practical questions regarding the implementation of the Market Abuse Regulation (MAR).
The updated Q&As include new answers regarding:
- Disclosure of inside information related to Pillar II requirements; and
- Blanket cancellation of orders policy.
The purpose of this document is to promote common supervisory approaches and practices in the application of MAR. The Q&A mechanism is a practical convergence tool used to promote common supervisory approaches and practices. It should also help investors and other market participants by providing clarity on the requirements. ESMA will periodically review these Q&As and update them where required.
The ESMA statement and the full set of Q&A is available here.