Market Abuse Regulation and Multicurrency cross-border pooling: Difference between pages

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''European Union (EU)''.
A cash management technique in which excess funds from companies’ accounts in different countries, which are denominated in different currencies, are concentrated and used to offset deficits for the purpose of determining interest earned or owed.


(MAR).


Regulation (EU) No 596/2014 of the European Parliament and of the Council of 2014 on market abuse which came into effect on 3 July 2016.
== See also ==
 
* [[Cash concentration]]
This repealed the earlier Directive 2003/6/EC.
* [[Cash management]]
 
* [[Deficit]]
 
* [[Pooling]]
<span style="color:#4B0082">'''''Why MAR exists'''''</span>
* [[CertICM]]
 
:"MAR is critical to ensuring markets operate with proper disclosure, ensuring a level playing field for all investors and minimising the risk of asymmetric information in the market."
 
:''Julia Hoggett, director of market oversight, Financial Conduct Authority, The Treasurer, August 2018, p28.''
 
 
 
==See also==
* [[Asymmetric information]]
* [[Confidential information]]
* [[Disclosure]]
* [[Financial Conduct Authority]]
* [[Insider dealing]]
* [[Market abuse]]
* [[Market Abuse Directive]]
* [[Persons discharging managerial responsibility]]
* [[Regulation]]
 
 
 
===Other links===
 
[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]
 
[https://www.fca.org.uk/markets/market-abuse/regulation FCA Market Abuse Regulation]
 
[[Category:Accounting,_tax_and_regulation]]

Revision as of 10:16, 29 November 2014

A cash management technique in which excess funds from companies’ accounts in different countries, which are denominated in different currencies, are concentrated and used to offset deficits for the purpose of determining interest earned or owed.


See also