Summary
The European Parliament has decided not to object to new technical standards for conducting market soundings, which aim to prevent market abuse through regulated information disclosure. 10 09.06.2016
Other
finance
economy
administrative law
business and competition
Key points
- Approval of new technical standards for conducting market soundings.
- Implementation of specific procedures for disclosing information to participants.
- Requirement for comprehensive record-keeping of all information revealed during market tests.
- The new rules are intended to be applied starting in July 2016.
Documents (PDFs)
RECOMMENDATION FOR A DECISION to raise no objections to the Commission delegated regulation of 17 May 2016 supplementing Regulation (EU) No 596/2014 of the European Parliament and of the Council with regard to regulatory technical standards for the appropriate arrangements, systems and procedures for disclosing market participants conducting market soundings
Non-objection to a delegated act: regulatory technical standards for the appropriate arrangements, systems and procedures for disclosing market participants conducting market soundings
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