Market abuse and Net promoter score: Difference between pages

From ACT Wiki
(Difference between pages)
Jump to navigationJump to search
imported>Doug Williamson
m (Categorise.)
 
imported>Doug Williamson
(Mend link.)
 
Line 1: Line 1:
Market abuse includes any misuse of confidential or non public information so as to attempt to gain a trading advantage.  
(NPS).  


A measure of performance and quality.


Market abuse also encompasses:
It is generally calculated by asking customers to rate the likelihood that they would recommend a service or product to a friend or colleague, for example on a scale of 1 to 10.
# Insider dealing.
# Improper disclosure.
# Manipulating transactions.
# Manipulating devices.
# Misleading dissemination.




For example trading in a company's shares whilst in the possession of inside information that a profits warning was about to be announced would be insider trading and therefore market abuse.
== See also ==
* [[Benchmarking]]
* [[Goal congruence]]
* [[Key performance indicator]]
* [[Performance]]
* [[Rank]]
* [[Rate]]
* [[Ratings]]
* [[Report card]]
* [[Service level agreement]]


 
[[Category:The_business_context]]
====Legislation====
[[Category:Identify_and_assess_risks]]
 
[[Category:Manage_risks]]
Legislation exists in most financial markets to specify the detail of what is prohibited as market abuse and within the EU this was covered by the Market Abuse Directive (Directive 2003/6/EC).
[[Category:Risk_frameworks]]
 
[[Category:Risk_reporting]]
The Market Abuse Directive (MAD) was revised and replaced by MAD II which widens its scope to include new markets and instruments.
 
The Market Abuse Regulation (MAR) and the Criminal Sanctions for Market Abuse (CSMAD) form the legislative proposals which make up MAD II.
 
 
MAD II came into force in July 2016.
 
 
==See also==
* [[Confidential information]]
* [[Insider dealing]]
 
 
 
===Other links===
 
[https://www.esma.europa.eu/system/files/Dir_03_6.pdf Directive 2003/6/EC of the European Parliament and of the Council of 28 January 2003]
 
[http://www.treasurers.org/node/3244 ACT briefing note: The New Market Abuse and Disclosure Regime in the UK - A Guide for Listed Companies; 2005]
 
[http://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:32014R0596 MAR]
 
[http://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:32014L0057 CSMAD]
 
[[Category:Self_management_and_accountability]]
[[Category:Ethics]]
[[Category:Financial_risk_management]]

Latest revision as of 21:05, 19 May 2022

(NPS).

A measure of performance and quality.

It is generally calculated by asking customers to rate the likelihood that they would recommend a service or product to a friend or colleague, for example on a scale of 1 to 10.


See also