The need of the Market Abuse Regulation and the Impact of the Spector Photo Group Decision Cover Image

Необходимостта от създаването на Регламента относно пазарната злоупотреба и влиянието на решението Spector Photo Group
The need of the Market Abuse Regulation and the Impact of the Spector Photo Group Decision

Author(s): Anna Tönies-Bambalska
Subject(s): Law, Constitution, Jurisprudence, Criminal Law, Law on Economics, EU-Legislation, Court case, Administrative Law
Published by: Университет за национално и световно стопанство (УНСС)
Keywords: Insider Trading; Insider Information; Legal Sanctions; Capital Markets; Spector Photo Group; Market Abuse Regulation

Summary/Abstract: Over the years, the financial markets of the countries in the European Union have reached increasingly prominent differences, especially in insider dealing and its variety of sanctions. As a result, there is a need to adopt a single and harmonized European framework to ensure the security of all participants in capital markets. A key role in this process plays the decision on the Spector Photo Group case, which raises key topics, where there was no legislation at that moment. After a series of negotiations, the law changed with the Market Abuse Regulation.

  • Issue Year: 2021
  • Issue No: 3
  • Page Range: 31-48
  • Page Count: 18
  • Language: Bulgarian