Europe's approach to market abuse advances

Europe's approach to market abuse advances

On presenting CESR's final contribution to the establishment of Europe's new framework for promoting market integrity under the Market Abuse Directive, Arthur Docters Van Leeuwen, Chairman of CESR noted: "CESR's advice provides the final piece of the jigsaw under the recently adopted Market Abuse Directive. Thanks to a productive dialogue with market participants we have been able to produce a sensible and flexible set of proposals which meets the objectives of the Directive to ensure Europe's financial markets function with the highest standards of integrity and transparency."