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ARTICLE · 16 FEBRUARY 2018

Financial Regulatory Developments Focus - February 14, 2018

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On February 6, 2018, the European Securities and Markets Authority published a final report and final draft Implementing Technical Standards on forms and procedures for cooperation of National Regulators ...

United StatesFinance and Banking
A&O Shearman
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AML/CTF, Sanctions and Insider Trading

Final Draft EU Standards on Cooperation of National Regulators and the European Securities and Markets Authority with Other EU Authorities under Market Abuse Regulation

On February 6, 2018, the European Securities and Markets Authority published a final report and final draft Implementing Technical Standards on forms and procedures for cooperation of National Regulators and ESMA with other EU Authorities under the Market Abuse Regulation. MAR, which entered into force on July 3, 2016, requires national regulators and ESMA to cooperate and exchange information with certain EU authorities in investigations and on supervision and enforcement matters by exchanging information, taking statements from individuals and conducting on-site inspections or investigations. The other authorities are the European Commission, the Agency for Cooperation of Energy Regulators, national regulatory authorities responsible for related spot markets

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