ESMA Guideline: 17. Firms should ensure that staff giving information/investment advice about investment products, investment services or ancillary services that are available through the firm have the necessary knowledge and competence to: (V II/II g) understand issues relating to market abuse.
The first Market Abuse Directive was adopted in 2003 to counter insider dealing and market manipulation, in order to increase investor confidence and market integrity in EU financial markets. However, in recent years the gaps in regulation of certain instruments and markets as a result of market developments have become more apparent, the effectiveness of enforcement has been uneven and certain provisions impose undue burdens on issuers, notably SMEs.
Market Abuse Directive
Market Abuse Regulation
MAR Guidelines on Persons receiving market soundings
Final report - Draft technical standards on the Market Abuse Regulation