Market Abuse Regulation (MAR): Ensuring Fair And Transparent Markets

Market Abuse Regulation (MAR) represents a comprehensive framework established by the European Union to prevent inter alia market manipulation, insider dealing, and unlawful disclosure of inside information. MAR came into force in 2016 and transposed into national law in Luxembourg by the law of 23 December 2016 on market abuse. Its main goal is to maintain the integrity of financial markets and bolster investor confidence by enforcing strict compliance standards and severe penalties for violations.

MAR's key components are the following:

1. Insider Dealing: the use of inside information by a person with the aim of acquiring, disposing of or cancelling a financial instrument.