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The Market Abuse Regulation (MAR) and the Criminal Sanctions (Market Abuse) Directive (CSMAD) came into application in Europe on 3 July. MAR applies in the UK. CSMAD does not, although it will have a considerable indirect impact.
In this issue of our Market Abuse Update we discuss the implications of these developments, the secondary legislation under MAR and the changes made to the UK regulatory regime to accommodate it.
We have also provided a worldwide review of market abuse enforcement cases and a discussion of how the market abuse regime might be affected if and when the UK leaves the EU (Brexit).
To read our full briefing, please click here
The contents of this publication are for reference purposes only and may not be current as at the date of accessing this publication. They do not constitute legal advice and should not be relied upon as such. Specific legal advice about your specific circumstances should always be sought separately before taking any action based on this publication.
© Herbert Smith Freehills 2025
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