E. U. ESMA Updates Market Abuse FAQs

On 29 September, ESMA issued updated FAQs on disclosure of inside information - Art 17(4).

 

  • Cover delayed inside information that has lost the feature of price sensitivity under MAR.
  • Clarifies where information ceases to be price sensitive it is no longer insider information.
  • Issuer neither obliged to publicly disclose information nor inform the competent authority.