Category: Operational Risk
Published: 26 September 2016
Buy side firms face an unprecedented regulatory challenge in the form of the European Union’s Market Abuse Regulation (MAR), which came into effect on July 3, 2016.
In seeking to enhance and harmonize the EU’s market abuse regime, MAR introduces new operational, technology and regulatory requirements for firms operating in the European financial markets. In order to keep pace with changing financial markets, the regulation has been extended from the previous Market Abuse Directive (MAD).
This white paper will break down the new MAR rules set by the EU, and will look at ways financial organisations from the buy side can develop a response to the EU’s Market Abuse Regulation.