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26 July 2007

CESR further issues for Market Abuse Directive





CESR published its work programme for further work in the area of the Market Abuse Directive. The work programme encompasses issues where CESR identifies a need for further consideration and, therefore, further guidance may be provided to CESR Members and/or to the market, to the extent possible.

Issues identified for further work include:

  • Assistance to the Commission in developing the list of sanctions and measures applicable under the MAD.
  • Harmonisation of requirements for insiders’ lists.
  • Suspicious Transactions Reporting
  • Stabilisation Regime as Level 3
  • The two-fold notion of inside information will be considered further.
  • A mapping of the existing thresholds in Member States and other practices of CESR Members will be undertaken.
  • Develop guidance on the definition of inside information with regard to commodity derivatives to the extent possible.

    Press release
    Work Programme


    © CESR - Committee of European Securities Regulators


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