The Central Bank today (12 July 2021) published a series of findings and expectations from its industry-wide review of compliance with the Market Abuse Regulation (MAR). This review examined how regulated firms, issuers, and advisors who act on behalf of issuers are meeting their obligations to ensure organisational arrangements are effective in mitigating the risk of market abuse and ensuring market transparency. The publication can be found here.
MAR promotes market transparency and prohibits market abuse. Compliance with MAR by all relevant market participants is vital to the preservation of market integrity. Unlawful behaviour on financial markets undermines market integrity, impedes transparency, and reduces confidence in securities markets. For investors to trust securities markets, they must feel confident that markets are transparent and free from misconduct such as market abuse.