MyComplianceOffice Blog

The European Commission has published a report regarding the implementation of CSMAD - Criminal Sanctions for Market Abuse Directive.

The Directive aims to reinforce the market integrity and set rules for criminal sanctions for insider dealing, unlawful disclosure of inside information and market manipulation. It reflects the enforcement that the European Commission is doing to punish the most serious cases of market abuse and ensuring conformity with its provisions throughout the European Union.

Technology makes keeping material non-public information (MNPI) in compliance with securities laws and regulations a lot easier. As a longstanding priority to prevent insiders from wielding unfair market advantage, regulators on both sides of the Atlantic have explicit guidelines surrounding the sharing of MNPI among corporate insiders in advance of trading and investment deals.[1] 

We have selected some of the AML news highlights from the past 21 days across the globe and condensed them into this short blog post.

The Market Abuse Directive II (MAD II) goes into effect this year. The new regulation will require firms to enhance employee supervision and take closer look at their organizational compliance practices. For those unfamiliar, MyComplianceOffice has compiled five fast facts to serve as an introduction.