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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. Market abuse also encompasses: insider dealing;improper disclosure; manipulating transactions; manipulating devices; misleading dissemination.
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| Legislation exists in most financial markets to specify the detail of what is prohibited as market abuse and within the EU this is covered by the Market Abuse Directive ([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]) and the revised Market Abuse Directive II and the Market Abuse Regulation which are in the process of being enacted in 2014
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| | | == See also == |
| 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.
| | * [[Standard Setting Body]] |
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| == Other links == | |
| [http://www.treasurers.org/node/3244 ACT briefing note: The New Market Abuse and Disclosure Regime in the UK - A Guide for Listed Companies August 2005] | |
Revision as of 12:18, 22 June 2016
Standard Setting Body.
See also
