Market abuse across Europe
Investigations, compliance and MAD II
CMS advises a wide variety of financial institutions across Europe - assisting with market abuse compliance and handling investigations and enforcement cases.
We find that firms struggle to cope with the complexity of the different national regimes that have grown up since the EU’s Market Abuse Directive (MAD I).These problems make compliance difficult and pose real challenges when suspicious transactions are investigated by several authorities, often under very different national procedures, without any sensible coordination.
Financial institutions will have to deal with the new EU legislation, known as MAD II. Firms need a truly European solution and expert advice across the differing national regimes. Inspired by our experience of domestic and cross border work across Europe and to help firms meet the challenges of MAD II we have designed the CMS online market abuse resource which analyses EU legislation and the domestic regimes in 19 countries.
Please check the PDF for more detailed information.