NEW RELEASE: Market Abuse Regulation (MAR) eLearning Course
Fri, 30 Aug 2019 10:30
The Financial Conduct Authority (FCA) is responsible for regulating financial markets so that businesses and individuals act fairly and with good faith towards investors.
The Market Abuse Regulation (MAR) was introduced by the FCA to safeguard market integrity and protect investors, enhancing the attractiveness of securities markets for capital raising. MAR aims to oversee the conduct relating to commodities markets and the benchmarks used to price financial instruments, emissions auctions and orders. MAR strengthens the previous UK market abuse framework by extending its scope to new markets, new platforms and new behaviours.
Regulations set by the FCA require firms and individuals to be proactive in preventing, detecting and reporting illicit activity. MAR's range extends to beyond the Europe Union (EU) and applies to non-EU firms too.
With MAR, there are two main themes under scrutiny:
- Abuse of information which deals with insider dealing and improper disclosure;
- Market manipulation which involves the manipulation of transactions and the dissemination of false information.
Breaching the MAR could result in civil and criminal prosecution. Failure to comply with FCA regulations can lead to severe penalties such as fines and jail time. Not only do firms and individuals risk heavy financial losses, but the negative publicity will also cause reputational damage.
Our new eLearning course on MAR is set in an immersive format enables learners to explore real-life case studies and evaluate the conduct presented. As learners move through scenario-based challenges, they will be required to navigate an ethical minefield as they make vital decisions that could increase or decrease the risks of breaching MAR. Find out more about our new course HERE.
The Market Abuse Regulation eLearning course joins our suite of FCA Compliance courses.