Upcoming Webinar: Market Abuse Regulation: How to Detect and Analyse Abusive Market Transactions28 March 2023
Date: 28 March 2023
Time: 10:00am ET / 3:00pm London / 4:00pm CET
Duration: 50 minutes
Market abuse is a potential problem for many financial institutions. It typically covers insider dealing, unlawful disclosure of inside information, and market manipulation, and is often difficult to detect and report in line with regulations such as Market Abuse Regulation – or MAR, and its UK equivalent.
While compliance with MAR is a challenge, non-compliance carries heavy penalties for both institutions and individual employees. ESMA issued 366 penalties totaling over €54 million in 2022, and in December only, the FCA fined three brokers over £4 million.
These eye-watering fines, as well as reputational damage, sanctions against the business, and ultimately, custodial sentences, result from failure to comply with appropriate monitoring and reporting. But there are solutions that can help firms stay on the right side of regulation.
This webinar will review the requirements of MAR, consider approaches to compliance, and provide expert guidance on how to detect and analyse potentially abusive market transactions. It will also touch on efficient and effective technology solutions.
Register for the webinar to find out more about:
- Typical scenarios that cause firms to be penalised
- Risks and challenges of compliance with MAR
- Emerging risks of Markets in Crypto-Assets (MICA) Regulation
- Approaches to compliance with MAR
- Guidance on how to detect and analyse abusive market transactions
- Technologies, tools, solutions, services and controls for compliance
- How to select the right trade surveillance framework for your organisation
Francisco Merlos Product Manager
More about our speakers:
Francisco Merlos is a Product Manager at SIX specialized in data analytics related to Trade Surveillance, Best Execution and Transaction Cost Analysis (TCA). He has 12 years of experience developing software for algorithmic trading, electronic trading, and Big Data analytics. Francisco graduated in Computer Science from the Polytechnical University of Madrid and has a MS in Information Technology from the University of Stuttgart, Germany and MS in Artificial Intelligence.
Interested in hosting your own webinar? Get in touch