Research and Markets - Fears that New Legislation in EU providing Regulators Broad Powers to Deter and Punish Market Abuse may make it difficult and unprofitable for Major Financial Markets to continue to Operate

Research and Markets has announced the addition of Market Abuse Regulation to their offering.

(PRWEB) October 24, 2004 -- Research and Markets (http://www.researchandmarkets.com/reports/c7942) has announced the addition of Market Abuse Regulation to their offering.

Market abuse prevention is critical in maintaining confidence in the financial markets of any jurisdiction, particularly in major market centres such as the UK, Europe, the US and Japan where competition for large financial transactions becomes more intense every year. The US has had detailed regulations to counter such market abuse as insider dealing and market manipulation for many years. However, it is only recently the UK and the EU have thought it necessary to introduce legislation that gives their regulators broad powers to deter and punish market abuse. Though these have been welcomed in many quarters, some fear that they place too great a burden on market participants, which may make it difficult and unprofitable for major financial markets to continue to operate here.

The purpose of this book is to clarify and simplify the meaning, impact and application of the new UK and EU regulations, issues which have generated much interest and apprehension. The book examines in detail the new UK market abuse regime, including:

- The Financial Services and Markets Act 2000
- The implementing regulations
- The interpretation of the regulations by the Financial Services Authority
- The conduct of investigations
- The defences and appeals available against a finding of market abuse

UK regulation in significant ways. Finally, in order to help clarify the position of traders in an international market, the book also discusses key issues of how the new UK and EU regulation are likely to interact with US regulation.

Market Abuse Regulation will be of interest to legal and compliance professionals in the financial services sector, regulators and academics

For more information visit http://www.researchandmarkets.com/reports/c7942

Laura Wood
Senior Manager
Research and Markets
press@researchandmarkets.com
Fax: +353 1 4100 980

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