There has been published in the Official Journal of the EU the texts of the Market Abuse Regulation  (MAR) and Directive on criminal sanctions for insider dealing and market manipulation (CSMAD) (together, MAD II). MAR will come into effect in July 2016, except for certain provisions specified in Article 39, which will come into effect on 2 July 2014. Member states have two years to transpose CSMAD into their national law although the UK has opted out of this preferring its own version of market abuse offences and sanctions.

View Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (market abuse regulation) and repealing Directive 2003/6/EC of the European and Parliament and of the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC, 12 June 2014

View Directive 2014/57/EU of the European Parliament and of the Council of 16 April 2014 on criminal sanctions for market abuse (market abuse directive), 12 June 2014