Course outline: MARKET ABUSE REGULATION: GENERAL FRAMEWORK
- Objectives of MAR
a)Market integrity and investor protection
b)Expansion from MAD I → MAR
- Key Offences & Prohibitions
a)Insider dealing
b)Unlawful disclosure
c)Market manipulation
- Firm-Level Controls & STOR Obligations
a)Detection systems and alerts
b)STOR submission to CySEC
c)Internal escalation and confidentiality
d)Delegation and outsourcing
- Integration with AML/CFT
a)Market abuse as predicate offence
b)Reporting overlaps (FIU vs STOR)
- Sanctions & Enforcement
a)Administrative sanctions
b)Criminal sanctions
c)Supervisory powers of NCAs
- Issuer Obligations
a)Disclosure of inside information
b)Insider lists
c)PDMR notifications & closed periods
- Market Soundings
a)Definition and applicability
b)Safe harbour framework
c)Recordkeeping & recipient duties
- Personal Transactions (PA Dealing)
a)MiFID II organisational requirements
b)Approval and monitoring process
c)Prohibitions for relevant persons
d)Out-of-scope transactions
- Investment Research & Recommendations
a)CDR 958 requirements
b)Independence, objectivity, and fair presentation
c)Conflicts of interest management
Target audience:
- Senior Management & Members of the Board of Directors
- Internal Auditors
- Regulatory Compliance Officers
- Risk Managers
- Persons employed in investment services departments s
- Persons involved in pre- and post-transaction monitoring
- Holders of CySEC Certificates
Expected time to complete the course:
Recorded time: 4 hours 45 minutes
Reading and Testing: 15 minutes
Presented by:
Course is prepared by DELFI CORPORATE SERVICES LTD
Instructor: Mrs. Svetlana Tutunaru, MBA, holder of CySEC Advanced & AML Certificates – Personal Identification number CN2386, with on-hands experience and skills in the industry for over 15 years, including experience in practical application and advisory work in relation to the MIFID, MAR, AML/TF legislation in Cyprus and other jurisdictions, acts as appointed Internal Auditor and Compliance officer or Compliance Support in number of licensed brokers and funds in Cyprus./p>
