The 2014 Directive on criminal sanctions for market abuse (i.e. insider dealing, unlawful disclosure of inside information and market manipulation) constitutes the EU response to a big threat for the integrity of the financial markets. The measures at hand reflect not only the constant evolution in the field, but they are unprecedented too, since only recently the EU has become entitled to enact rules imposing the obligation on Member States to criminalise certain misconduct. There are, nevertheless, some controversial issues, both in terms of criminal policy options at a supranational level and about the actual harmonization of domestic criminal law among so many different legal systems.

Criminal sanctions

Basile, Enrico
Writing – Original Draft Preparation
2022

Abstract

The 2014 Directive on criminal sanctions for market abuse (i.e. insider dealing, unlawful disclosure of inside information and market manipulation) constitutes the EU response to a big threat for the integrity of the financial markets. The measures at hand reflect not only the constant evolution in the field, but they are unprecedented too, since only recently the EU has become entitled to enact rules imposing the obligation on Member States to criminalise certain misconduct. There are, nevertheless, some controversial issues, both in terms of criminal policy options at a supranational level and about the actual harmonization of domestic criminal law among so many different legal systems.
2022
9780198871095
Ventoruzzo, Marco; Mock, Sebastian
Market abuse regulation : commentary and annotated guide
2.ed.
Basile, Enrico
File in questo prodotto:
File Dimensione Formato  
Chapter_A8_REV_EB.pdf

non disponibili

Descrizione: Chapter on CSMAD
Tipologia: Pdf editoriale (Publisher's layout)
Licenza: NON PUBBLICO - Accesso privato/ristretto
Dimensione 277.37 kB
Formato Adobe PDF
277.37 kB Adobe PDF   Visualizza/Apri

I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.

Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11565/4043279
Citazioni
  • ???jsp.display-item.citation.pmc??? ND
  • Scopus ND
  • ???jsp.display-item.citation.isi??? ND
social impact