CSMAD / MAR: From regulatory burden to competitive advantage
Market Abuse Regulation and the consequences of illegal behaviour in the markets is a reality for everyone working in capital markets and financial services. Anyone who does not take seriously both the Market Abuse Regulation (MAR) and the Directive on Criminal Sanctions for Insider Dealing and Market Manipulation (CSMAD) must start to do so. Now both MAR and CSMAD present firms and individuals with a range of risks, including: personal liability, severe fines, incarceration, and the possibility of authorities accessing private premises or telephone and data records.
If addressed from the proper angle, your firm can transform MAR and CSMAD from a regulatory burden to a competitive advantage.