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
On 31 October 2023, the FCA published Market Watch 75.
In this edition of Market Watch, the FCA shares its observations about market soundings since it published Market Watch 51 and 58. It also reminds firms of the arrangements made by the UK Market Abuse Regulation’s market soundings regime, which provides formalised arrangements for
On 27 September 2023, the City of London Corporation and the FCA announced the launch of an authorised push payment (APP) synthetic dataset to develop products and services that can minimise fraud.
The dataset will be hosted on the FCA’s permanent Digital Sandbox and provides a foundation to better understand how useful data
On 17 July 2023, the European Securities and Markets Authority (ESMA) published a report on Suspicious Transactions and Order Reports (STORs).
The report provides an overview of how STORs are used across different Member States in the context of the detection and investigation of market abuse, and how their use has
On 26 May 2023, there was published on the legislation.gov.uk website, The Insider Dealing (Securities and Regulated Markets) Order 2023.
This Order updates Schedule 2 of the Criminal Justice Act 1993 (CJA), bringing securities and markets on which an offence can be committed in the CJA broadly in line with the Market
Recently, the FCA published Market Watch 73 which covered the regulator’s market abuse peer review into firms that offer contracts for difference (CfDs) and spread bets. The Market Watch followed the FCA’s earlier Dear CEO letter which was published last December which highlighted the FCA’s expectations of firms offering CfDs (including in relation
On 26 April 2023, the FCA published Market Watch 73. In this Market Watch, the FCA discusses the observations and findings from its recent market abuse peer review into firms that offer Contracts for Difference (CFDs) and spread bets, both of which are particularly vulnerable to being used for insider dealing due
On 17 April 2023, HM Treasury published a draft of the Insider Dealing (Securities and Regulated Markets) Order 2023, (the draft statutory instrument (SII)), along with a draft explanatory memorandum.
The SI updates Schedule 2 of the Criminal Justice Act 1993 (CJA) bringing the securities and markets on which