Rely on the most comprehensive, up-to-date legal content designed and curated by lawyers for lawyers
Work faster and smarter to improve your drafting productivity without increasing risk
Accelerate the creation and use of high quality and trusted legal documents and forms
Streamline how you manage your legal business with proven tools and processes
Manage risk and compliance in your organisation to reduce your risk profile
Stay up to date and informed with insights from our trusted experts, news and information sources
Access the best content in the industry, effortlessly — confident that your news is trustworthy and up to date.
Find up-to-date guidance on points of law and then easily pull up sources to support your advice with Lexis PSL
Check out our straightforward definitions of common legal terms.
Our trusted tax intelligence solutions, highly-regarded exam training and education materials help guide and tutor Tax professionals
Access our unrivalled global news content, business information and analytics solutions
Insurance, risk and compliance intelligence using big data, proprietary linking and advanced analytics.
A leading provider of software platforms for professional services firms
In-depth analysis, commentary and practical information to help you protect your business
LexisNexis Blogs shed light on topics affecting the legal profession and the issues you're facing
Legal professionals trust us to help navigate change. Find out how we help ensure they exceed expectations
Lex Chat is a LexisNexis current affairs podcast sharing insights on topics for the legal profession
Discuss the latest legal developments, ask questions, and share best practice with other LexisPSL subscribers
Matthew Tobin, partner, and Eric Phillips, professional support lawyer, at Slaughter & May examine the impact of the new market abuse regime on issuers of debt securities.
The new market abuse regulation (MAR) came into effect in the UK and across the EU on 3 July 2016. MAR impacts all UK and EU debt issuers, expanding the scope of the current regime in terms of markets covered and introducing more stringent obligations and detailed procedural requirements in a number of areas.
At the EU level the existing market abuse directive has been repealed and replaced by MAR, which sets out the framework for the new regime, as well as a number of related delegated acts, technical standards and guidelines setting out detailed provisions. The majority of the new regulations came into effect on 3 July 2016 and are directly applicable across the EU. In the UK the existing market abuse provisions within Financial Services and Markets Act 2000 have been recast and relevant provisions within the Financial Conduct Authority (FCA) handbook have been repealed and replaced with 'signposts' to the appropriate MAR provisions. Although the overall structure of the regime has not been radically overhauled, there are many technical changes and issuers will therefore need to consider amending policies and procedures.
The previous EU market abuse regime applied to issuers of debt securities admitted to trading on EU regulated markets,
Access this article and thousands of others like it free by subscribing to our blog.
Read full article
Already a subscriber? Login
Emma is head of the Banking and Finance team and the Finance Group at LexisNexis®UK.
Emma has wide-ranging experience in derivatives and capital markets with a particular emphasis on credit derivatives and structured products. Emma qualified as a solicitor with Allen & Overy LLP, working in the derivatives and structured finance teams in both their London and Paris offices before gaining experience with Deutsche Bank AG (advising the foreign exchange prime brokerage desk) and Crédit Agricole CIB (advising the fixed income and derivatives desk) before joining LexisNexis®.
0330 161 1234