On 16 December 2024, the Financial Conduct Authority (FCA) published a discussion paper, DP24/4, on admissions and disclosures (A&D) and the market abuse regime for cryptoassets (MARC).
The proposals
The FCA has published DP24/4 to help inform the development of its rules for cryptoasset A&D and the MARC.
Last month the FCA published Primary Market Bulletin 52 (PMB 52) discussing a number of potential issues, and practical steps for issuers to consider, in relation to the identification, handling and dissemination of inside information in accordance with the UK Market Abuse Regulation.
In our latest briefing we summarise the areas covered in
On 15 November 2024, the FCA issued Primary Market Bulletin 52.
In this Primary Market Bulletin the FCA covers:
On 17 June 2024, the European Commission (Commission) issued a report to the European Parliament and the Council regarding the delegation of power to adopt delegated acts pursuant to the Market Abuse Regulation (MAR).
Article 35 of MAR sets out the conditions under which the Commission is empowered to adopt delegated
On 9 May 2024, the Financial Conduct Authority (FCA) published Market Watch 79.
In this edition of Market Watch the FCA discusses:
Market
On 9 April 2024, the Financial Conduct Authority (FCA) published Market Watch 78. In this edition of Market Watch, the FCA shares its observations on the completeness and accuracy of instrument reference data (IRD) under onshored Regulatory Technical Standard (RTS) 23.
The FCA notes that this edition
On 14 February 2024, the Financial Conduct Authority (FCA) published Market Watch 77. In this edition of Market Watch, the FCA shares its observations on trade by organised crime groups (OCGs) and how firms can mitigate the risks of being used to facilitate their trade.
Trading by organised crime groups
The
On 30 January 2024, the FCA published Market Watch 76.
In this edition of Market Watch, the FCA shares its observations about ‘flying’ and ‘printing’, and how firms can mitigate the risks of misleading the market by their staff engaging in such behaviours.
‘Flying’ and ‘printing’
As the FCA had previously explained in Market Watch
On 19 December 2023, the FCA published Primary Market Bulletin 46, which focuses on Article 10 of the EU Market Abuse Regulation (MAR) and environmental, social and governance (ESG) stewardship, as well as sponsor procedures in relation to the Task Force on Climate-Related Financial Disclosures (TCFD)-aligned disclosure requirements.
Summary
On 17 November 2023, the Financial Conduct Authority (FCA) announced that it has censured the holding company of the largest private healthcare operator in the United Arab Emirates (UAE), NMC Health Plc (in administration) (NMC), for misleading the market about its debt, and failing to declare related party