Join us in London on October 27th where RIMES will host the 2nd Regulatory Seminar: Market Abuse Regulation.
Over the past few months, the regulators have made it very clear that the buy-side will carry the same level of responsibility as sell-side firms when it comes to preventing and detecting market abuse.
In its MAR Level 3 Q&A published on 30th May 2016, ESMA left no room for misunderstanding amongst the buy-side on whether their activities are fully covered by MAR: the obligation to detect and identify market abuse or attempted market abuse under Article 16(2) of MAR applies broadly and ‘persons professionally arranging or executing transactions’ thus includes buy-side firms, such as investment management firms (AIFs and UCITS managers). Additionally, the FCA has already highlighted several issues on post trade surveillance (TR15/1).
Ash Saluja, Partner CMS Cameron McKenna LLP
Damian Carolan, Partner Allen & Overy LLP
Jeremy Garland, Head of Compliance RIMES
Jodi Norman, Senior Associate Allen & Overy LLP
Richard Palmer, Director – Fraud Investigation & Dispute Services EY
Rukshan Permal, Partner PwC
This non-commercial event welcomes an impressive list of guest speakers who will provide you with the opportunity to debate this topic, and understand the steps you need to take in order to comply with the new Market Abuse Regulation for the buy-side. For more information on the event click here or email firstname.lastname@example.org to register today.
The content provided in these articles is intended solely for general information purposes, and is provided with the understanding that the authors and publishers are not herein engaged in rendering regulatory or other professional advice or services. Consequently, any use of this information should be done only in consultation with qualified legal counsel. The information in these articles was posted with reasonable care and attention. However, it is possible that some information in these articles is incomplete, incorrect, or inapplicable to particular circumstances or conditions. We do not accept liability for direct or indirect losses resulting from using, relying or acting upon information in these articles.
- A timely reminder to ensure adequate market surveillance
- RIMES Takes Top Places at Waters Technology’s Inside Market Data Awards and Inside Reference Data Awards
- ESG Disclosure Regulations in the EU – Delay is not the Answer
- Strategic Technology Adoption for Market Surveillance
- RIMES Named a Leading Trade Surveillance Technology Provider by Greenwich Associates