The new Market Abuse Directive is intended to protect the integrity of the EU as a single market. However, harmonising its provisions with those of the Consob in Italy has proved complicated. Gianmatteo Nunziante reports
June 29, 2005 at 08:03 PM
1 minute read
The original version of this story was published on Legalweek
October last year was the deadline by which European Union (EU) member states were required to implement the high-profile insider dealing and market manipulation directive – better known as the Market Abuse Directive.
The Market Abuse Directive arose from the need to introduce measures to complete the single market for financial services, beginning with the issuing of provisions for regulating market abuse.
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