EU pushes law for financial journalists

Author (Person)
Series Title
Series Details 8.1.04
Publication Date 08/01/2004
Content Type

The European Commission adopted on 7 January 2003 three implementing measures related to the Directive on insider dealing and market manipulation (market abuse - 2003/6/EC). These implementing measures cover among other things detailed criteria for determining what constitutes inside information, which non exhaustive factors have to be examined when assessing possible market manipulation as well as provisions on how and when issuers must disclose inside information. They also set out standards for the fair presentation of investment recommendations (including the disclosure of conflicts of interest) - this will include recommendations by financial journalists and the European Publishers' Council is considering taking the matter to the European Court of Human Rights.

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http://europa.eu/rapid/pressReleasesAction.do?reference=IP/04/16&format=HTML&rapid=0&language=EN&guiLanguage=en&display= http://europa.eu/rapid/pressReleasesAction.do?reference=IP/04/16&format=HTML&rapid=0&language=EN&guiLanguage=en&display=

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