Market Abuse Regulation: Commentary and Annotated Guide 2nd ed

Now a volume in the Oxford EU Financial Regulation Series, the second edition of Market Abuse Regulation has been updated to reflect the impact of a number of major developments in legislation and case law following the implementation of the EU Market Abuse Regulation (MAR).

Written by leading scholars in the field of capital markets law from a number of European jurisdictions, the book is divided into two main parts. The first consists of chapters considering relevant issues by topic, including aspects not directly addressed by MAR such as enforcement, and the impact of US securities regulation. The second part provides article-by-article commentary on the Regulation, with a detailed and technical analysis of its terms.

Both parts have been updated to reflect important developments such as amendments to directives and new regulations regarding the promotion of the use of SME growth markets. The second edition includes additional chapters on sanctions. One new chapter deals exclusively with the criminal sanctions (including CRIM-MAD), and another addresses in much greater detail private enforcement in key jurisdictions (France, Germany, Italy, the Netherlands and Spain), which is neither addressed by the MAR nor harmonized by other European legislation. This chapter on private enforcement is also accompanied by another dealing with aspects of private international and international civil procedural law. The existing chapters have also been updated to bring them fully up to date.

table of content

PART A: ANNOTATED GUIDE

A1:History, Application, Interpretation, and Legal Sources of the Market Abuse Regulation

Sebastian Mock

A2:The Concept of Insider Dealing

Marco Ventoruzzo

A3:The Concept of Market Manipulation

Sebastian Mock

A4:Public Disclosure of Inside Information and Market Abuse

Alain Pietrancosta

A5:Public Enforcement of the Market Abuse Regulation

Sofie Cools

A6:Private Enforcement of the Market Abuse Regulation in European Law (Austria and Germany; France; Italy; The Netherlands; Spain)

Johannes Flume, Alain Pietrancosta, Paolo Guidici, Danny Busch, David Pérez Millán, Fernando Marín de la Bárcena

A7:Market Abuse Regulation in International Jurisdiction and Conflict of Laws

Susanne Zwirlein- Forschner

A8:Criminal Sanctions

Enrico Basile

PART B: COMMENTARY

B1:General Provisions, Sebastian Mock

Stefano Lombardo

B2:Inside Information, Insider Dealing, Unlawful Disclosure of Inside Information, and Market Manipulation

Marco Ventoruzzo; Chiara Picciau; Jesper Lau Hansen; Chiara Mosca; Morten Kinander; Aurelio Gurrea- Martínez

B3:Disclosure Requirements, Alain Pietrancosta

Marco Dell'Erba

B4:ESMA and Competent Authorities

Johannes Zollner

B5:Administrative Measures and Sanctions

Sofie Cools

B6:Delegated Acts and Implementing Acts

Sebastian Mock

B7:Final Provisions

Sebastian Mock