Training & Knowledge: July 2014

21st Jul 2014Blog

Regulating foreign exchange markets: The financial stability board’s latest report

(For an introduction to the importance of foreign exchange benchmarks, and how they differ from others such as LIBOR, you may be interested to read this article prepared by Vivienne in April 2014 for Commercial Dispute Resolution magazine.) The manipulation of foreign exchange markets was again in the press last weekend with newspapers such as […]

7th Jul 2014Blog

Criminal sanctions for market abuse to be expanded

The current Market Abuse Directive (“MAD”) is to be replaced in July 2016 by the EU Market Abuse Regulation (“MAR”) and the Criminal Sanctions for Market Abuse Directive (“CSMAD”). Together they will expand the scope of regulation of core areas, such as market manipulation and insider information, by extending coverage in terms of Markets and […]