Foren in 'Market Abuse Regulation (MAR)'
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Managers’ Transactions
Article 19 of the Market Abuse Regulation obliges persons discharging managerial responsibilities, as well as persons closely associated with them, to notify the issuer (or the emission allowance market participant) and the CSSF about certain transactions that they conducted on their own account.
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Delay of Disclosure of Inside Information
According to Article 17(4) and in derogation of Article 17(1) and (2) of the Market Abuse Regulation issuers or emission allowance market participants may delay the disclosure to the public of inside information at their own responsibility, provided that all the conditions set by the Market Abuse Regulation in that respect are met.
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Insider Lists
According to Article 18 of the Market Abuse Regulation, issuers and any person acting on their behalf or on their account, shall each draw up an insider list, which shall be promptly updated as required by the aforementioned article. The insider list shall be provided to the CSSF upon request as soon as possible.
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Suspicious Transaction and Order Reports (STORs)
Article 16 of the Market Abuse Regulation obliges the market operators, investment firms that operate a trading venue and any person professionally arranging or executing transactions, to report suspicious orders and transactions to the CSSF without delay. This obligation applies to all orders and transactions, including any cancellation or modification thereof, that could constitute insider dealing, market manipulation or attempted insider dealing or market manipulation.
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Buyback Programmes and Stabilisation Transactions
Article 5 of the Market Abuse Regulation provides in specific circumstances for an exemption from prohibition of market abuse in the context buy-back programmes and stabilisation of securities. In order to benefit from said exemption, the issuers, offerors or entities undertaking the stabilisation, shall report to the CSSF the information requested by the Market Abuse Regulation and the relevant regulatory technical standards to the CSSF via eRIIS
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Market Abuse Regulation (MAR)
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