An Exploration of the Market Abuse Regime

The Market abuse Regime (MAR) and Criminal Sanctions Directive (CSMAD), commonly known as MAD II, is an extension of the Market Abuse Directive (MAD), implemented in 2005. The regime resulted in an EU-wide Market Abuse Regime across financial services and established a framework for establishing orderly flows of information to maintain a level playing field for market participants.

MAD II introduced common criminal sanctions of insider dealing and market manipulation as well as aligning international interpretations of MAD forming a harmonised approach across Europe and the rest of the financial world.  MiFIR Transaction Reporting is directly related to MAR and provides valuable insight as to the purpose and importance of MiFIR Transaction Reporting.

Training Objectives

This workshop will provide delegates an opportunity to revisit the proposals aimed at strengthening and improving market integrity. As well as examining the MAD II proposals which will be extended to financial instruments and trading venues introduced the Markets in Financial Services Directive and Regulation (MiFID II).

Attending this workshop will enable you to:

• Summarise the importance of Market Abuse reforms, the key legislative changes and how they inter-relate with the wider regulatory agenda.
• Identify the key regulatory challenges across MAD II including increased monitoring and surveillance of trading venues and financial instruments.
• Explore key issues related to changes introduced by the Market Abuse Regime regime including Market Soundings, Issuer Disclosure of Information, Director’s transactions and enhanced regulatory powers.
• Develop an awareness of how the Regulation interacts across other European Regulations including MiFID II.
• Demonstrate real world examples of market abuse from the United Kingdom and around the world.
• Clarify the key financial risks affecting your risk because of change, knowledge, training and awareness.

Training Style

This workshop is designed to be participative throughout. The agenda will combine key formal presentations, case studies and syndicate discussion sessions. There will be ample opportunity for delegates to benchmark experiences with industry peers and raise issues of most concern to their organisation, either confidentially or in open session.

Who should attend

This workshop will be of benefit to anyone who is likely to be working within the market abuse requirements and wishes to develop a greater understanding of the regime, including senior management, legal, compliance and those employees at the coalface or conducting an assurance review as part of the second or third lines of defence.