Market abuse and Mentor: Difference between pages

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Market abuse is the term used to describe any misuse of confidential or non public information so as to attempt to gain a trading advantage.  
1.


Market abuse also encompasses:
An independent experienced person in an organisation who advises and supports less experienced employees, sometimes known as 'mentees'.
# 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.
The mentor is normally experienced in the mentee's professional specialism.


====Legislation====


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).
2.


The Market Abuse Directive (MAD) was revised and replaced by MAD II which widens its scope to include new markets and instruments.
A similarly independent person employed by a different organisation from the mentee.
 
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 across the EU in 2014.
 
 
MAD II is due to become law across the EU in July 2016.




==See also==
==See also==
* [[Insider dealing]]
*[[Association of Corporate Treasurers]]
 
*[[Coach]]
* [[Glass ceiling]]
*[[Mentoring]]
*[[USP]]
*[[Working effectively with others]]


===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]
==The ACT's Mentor Me scheme==


[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]
The ACT runs a mentoring matching service for its members and students.


[http://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:32014R0596 MAR]
[https://www.treasurers.org/cpd/mentoring Mentor Me]


[http://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:32014L0057 CSMAD]
[[Category:Self_management_and_accountability]]
[[Category:Working_effectively_with_others]]

Latest revision as of 16:09, 23 April 2023

1.

An independent experienced person in an organisation who advises and supports less experienced employees, sometimes known as 'mentees'.

The mentor is normally experienced in the mentee's professional specialism.


2.

A similarly independent person employed by a different organisation from the mentee.


See also


The ACT's Mentor Me scheme

The ACT runs a mentoring matching service for its members and students.

Mentor Me

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