EMAC adopted Market Abuse Directive

08 October 2002



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The Economic and Monetary Affairs Committee (EMAC) adopted the Council Common Position on the Market Abuse Directive of 19 July.

The amendments approved by Parliaments Committee deal with:

  • the “appropriate financing of the competent authority”
  • the extending the Directive to “persons charged with the execution of orders concerning financial instruments”, and
  • the treatment of journalists.

    The Commission already signalled that it is rather content with most of the amendments. The Directive will go back now to the Council for second reading. A final adoption is expected this year.

    Amendments second reading
    Common Position

    © European Parliament