Market Abuse

Description

The Market Abuse Regulation (MAR) was introduced in July 2016 and the FCA continues to fine both individuals and high-profile firms in the fund industry for breaches.  Along with the focus on increased accountability under SMCR, senior managers need to ensure there is ongoing vigilance in respect of market abuse in their firms, including understanding what it means, their obligations to demonstrate awareness and adherence throughout their staff and their appropriate introduction of relevant systems and controls.