On 3 July 2016, the new Market Abuse rules, including Regulation 596/2014 on market abuse (“MAR”) and Directive 2014/57/EU on criminal sanctions for market abuse, entered into force. MAR is a regulation and is, as such, directly applicable in every EU Member State.
This new set of rules is repealing Directive 2003/6/EC with respect to the Market Abuse related obligations when issuing securities on European Regulated Market which had been translated in Luxembourg by the law of 9 May 2006.
Above information will be updated on a regular basis.
Link to CSSF communication on MAR:
CSSF forms and templates: