The European Commission has announced that the European Parliament’s Economic and Financial Affairs Committee (ECON) has voted unanimously in support of the agreement reached on 20 December 2013 with the Council of the EU’s Permanent Representatives Committee on the proposed Directive on criminal sanctions for insider dealing and market manipulation (CSMAD). ECON’s vote means that the Parliament is now expected to adopt the CSMAD in its plenary session scheduled for 3 to 6 February 2014.

View Leading Parliamentary Committee backs criminal sanctions for market abuse, 9 January 2014

View Financial supervision: criminal sanctions for insider dealing and market manipulation, 9 January 2014