The second edition of Market Abuse Regulation offers a detailed analysis of the market abuse regime and the application of the regulations in the UK and EU. The work is of great value to financial services lawyers and companies who need a succinct, comprehensive and up to date analysis of the regime and the implications for their businesses. Consideration is given to the implementation and interpretation of the regulations, the conduct of investigations, the defences and appeals available against a finding of market abuse, and overlapping US regulation. Since the implementation of the EU Market Abuse Directive in the UK dates only from 2005, detailed consideration is given to the important enforcement policy decisions and market abuse cases which have been recently decided by the FSA and referred to the Financial Services Markets Tribunal. In particular, the new edition examines the modifications to enforcement procedures by the FSA, the move towards a more 'principles-based' approach to enforcement and the increased focus on senior management liability.

This book provides a detailed examination of the UK market abuse regime and analyses the impact and applications of the EU and UK regulations. The second edition of this well received work is updated to include important enforcement policy decisions and market abuse cases decided by the FSA and referred to the Financial Services Markets Tribunal.

Overall, this book is highly recommended reading for all those with an interest in the market abuse regime of one of the financial centres of the world...I personally look forward bery much to reading also the next edition