Kirkland Alert Kirkland & Ellis International LLP

On Your MARks: New EU Market Abuse Regime Now in Force

From 3 July 2016, the EU Market Abuse Regulation (EU Market Abuse Regulation) has direct effect across the EU, replacing the EU Market Abuse Directive (MAD). Pending the UK’s exit from the EU (and depending on the negotiated terms of that exit), MAR will, for some years at least, have direct effect in the UK and will impact issuers with securities listed on UK exchanges, as in other EU jurisdictions.