On 29 March 2019, ESMA updated its Q&A documents in relation to the implementation of the Market Abuse Regulation (MAR) and the Alternative Investment Fund Manager Directive (AIFMD).

The updated MAR Q&A clarifies the scope of firms subject to MAR provisions to detect and report suspicious orders and transactions and provide new detailed answers on:

  • the meaning of parents and related undertaking; and
  • disclosure of inside information concerning emission allowances.

The updated AIFMD Q&A has two new Q&As on calculation of leverage under the Directive.

The updated AIFMD Q&A is available here.

The updated AIFMD Q&A is available here.

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