Events listed in Market Abuse Regulation (MAR)
Nuova modalità di invio delle STOR
ID 24900
Consob published in its Newsletter a document outlininig the use of the online reporting system for submitting reports of suspicious transactions that may constitute market abuse. Starting from 4 September 2023, individuals obligated to report suspicious transactions constituting market abuse (STOR) under Article 16, paragraphs 1 and 2, of the Market Abuse Regulation (MAR) must exclusively use the dedicated online procedure accessible at the ...
Zawiadomienie o podejrzeniu manipulacji w obrocie akcjami Milisystem SA
ID 24757
The Polish Financial Supervision Authority (KNF) has issued a press release in connection with suspected share manipulation pursuant to Article 15 of the Market Abuse Regulation (MAR). Specifically, the KNF informs that it has adopted a resolution to forward to law enforcement agencies and to inform the public of suspected cases of share trade manipulation involving Milisystem SA, a company listed on the *NewConnect ...
Zawiadomienie o podejrzeniu popełnienia przestępstw manipulacji w obrocie akcjami ...
ID 24748
The Polish Financial Supervision Authority (KNF) has issued a press release in connection with suspected share manipulation pursuant to Article 15 of the Market Abuse Regulation (MAR). Specifically, the KNF informs that it has adopted a resolution to forward to law enforcement agencies and to inform the public of suspected cases of share trade manipulation involving Inno-Gene SA, a company listed on the *NewConnect ...
ESMA publishes Report on Suspicious Transactions and Order Reports
ID 24253
ESMA has published a report on STORs related to market abuse. The report provides insights into how STORs are used across different jurisdictions for detecting and investigating market abuse, and how their usage has evolved over time. The report mainly covers data from 2021 and 2022. Key findings from the report: – The total number of notifications received by NCAs in **2021 was 7,434, ...
ESMA does not find evidence to ban pre-hedging but warns on risks
ID 24185
ESMA has released a Final Report on pre-hedging based on the feedback received to the 2022 Call for Evidence (eventid=16744). Pre-hedging is a voluntary market practice where liquidity providers hedge their inventory risk in anticipation of potential incoming transactions. ESMA acknowledges that pre-hedging can give rise to conflicts of interest or abusive behaviors, but it does not find sufficient evidence to ban this practice ...
Abuso di mercato, il 18 luglio un open day sulle nuove modalità di segnalazione
ID 24110
Starting from 4 September 2023, reports of suspicious market abuse as regulated by Article 16 of the MAR Regulation (Stor, Suspicious Transaction and Order Report) can only be submitted to Consob through a new dedicated web application. This application will be available by accessing the „Services for Operators / Compliance / Markets“ section of the Consob website. In the same section under this link, ...
Komunikat KNF dot. EC Będzin SA
ID 24002
Following the price hikes of shares of Elektrociepłownia Będzin SA, a polish energy company, in June 2023, the Polish Financial Supervision Authority, KNF, launched an investigation in that matter primarily to determine whether or not share manipulation has taken place and trading should be suspended. The KNF particularly looked at the period between June 1, 2023 and June 22, 2023 during which the share ...
Zawiadomienia o podejrzeniu manipulacji w obrocie akcjami ManyDev Studio SE, ...
ID 23769
In connection with suspected share manipulation pursuant to Article 15 of the Market Abuse Regulation (MAR), the Polish Financial Supervision Authority (KNF) has issued a press release. Specifically, the KNF informs that it has adopted a resolution to forward to law enforcement agencies and to inform the public of suspected cases of share trade manipulation involving the following four companies which are all listed ...
Ostateczna decyzja ws. BBI Development SA
ID 23242
On May 15, 2023, the Polish Financial Supervision Authority (KNF) published a press statement to inform of a final decision on penalties that were imposed on BBI Development SA in 2022. Specifically, in July of 2022, the company was fined PLN 600,000 for violating Article 17 of the Market Abuse Regulation (MAR) due to its failure to publicly disclose information about the „commencement of ...
Złożenie wniosku o ponowne rozpatrzenie sprawy ws. Ursus SA w upadłości
ID 23035
On April 28, 2023, the Polish Financial Supervision Authority (KNF) published a press release to inform that the appointed bankruptcy trustee of Ursus SA (in bankruptcy), a manufacturer of agricultural machinery which was recently fined for violating the Market Abuse Regulation (MAR) on various occasions, has filed an application to have the case reconsidered by the KNF. To recall, Ursus SA was fined in ...