Consultation on implementation Act Market Abuse Regulation and Directive

On the 9th of July, The Dutch minister of Finance has started a consultation link, in Dutch on the implementation Act Market Abuse Regulation (no. 596/2014) and Market Abuse Directive (no. 2014/57/EU). The consultation will run until 10 August 2015. The regulation replaces the market abuse directive from 2003 and introduces preventive rules against market abuse. The new market abuse directive requires member states to at least make punishable severe forms of market abuse. The directive should be transposed into national law by 3 July 2016. The regulation will be directly applicable as from 3 July 2016.