Memo: Leading Parliamentary Committee backs criminal sanctions for market abuse

On 9 January 2014 the leading committee of the European Parliament for Economic matters gave its support to a European Commission proposal for criminal sanctions to tackle the abuse and manipulation of financial markets. Under the new rules for countering insider dealing and market abuse, Member States will have to make sure that such behaviour, including the manipulation of benchmarks, is a criminal offence, punishable with effective sanctions everywhere in Europe.

ESO: Background information: Statement by Vice-President Reding and Commissioner Barnier on trilogue agreement on criminal sanctions for market abuse http://www.europeansources.info/record/press-release-statement-by-vice-president-reding-and-commissioner-barnier-on-trilogue-agreement-on-criminal-sanctions-for-market-abuse/

ESO: Background information: Council confirms agreement with EP on market abuse regulation http://www.europeansources.info/record/press-release-council-confirms-agreement-with-ep-on-market-abuse-regulation/

ESO: Background information: European Parliament’s endorsement of the political agreement on Market Abuse Regulation http://www.europeansources.info/record/memo-european-parliaments-endorsement-of-the-political-agreement-on-market-abuse-regulation/

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