The European Securities and Markets Authority (ESMA) has issued today an Questions and Answers (Q&A) document regarding the implementation of the Market Abuse Regulation (MAR). The purpose of this document is to promote convergent implementation and application of the market abuse regime by providing responses to specific issues raised by the general public, market participants or competent authorities.
The document is aimed at national competent authorities, investors and market participants to ensure supervisory convergence by providing clarity on existing market abuse requirements, rather than creating an extra layer of requirements.
Next steps
The Q&A may be updated where relevant as and when new questions or issues arise. The date on which each question was last amended is included after each question for ease of reference. In addition, ESMA may review these questions and answers to identify if, in a certain area, there is a need to convert some of the material into ESMA guidelines and recommendations.