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ARTICLE · 08 MAY 2025

ESMA Issues Guidelines To Detect & Prevent Market Abuse Under MiCA

GTG Legal
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The European Securities and Markets Authority ("ESMA") has published guidelines on supervisory practices...

MaltaFinance and Banking
Neil Gauci
Neil Gauci

Market Abuse

The European Securities and Markets Authority ("ESMA") has published guidelines on supervisory practices for competent authorities to prevent and detect market abuse under the Markets in Crypto-Assets Regulation ("MiCA").

The aim of these guidelines is to instil general principles of high-quality and effective supervision of market abuse in crypto-assets, while also setting out specific practices for national competent authorities ("NCAs") to ensure a uniform approach across all EU Member States ("MS").

These guidelines are mandated by MiCA, which empowers ESMA to issue supervisory guidance to promote consistency among competent authorities in the detection and prevention of market abuse.

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