27th January 2014

BBA response to the Discussion Paper: ‘ESMA’s policy orientation on possible implementing measures under the Market Abuse Regulation’

The BBA is pleased to respond to this discussion paper and welcomes the opportunity to consider ESMA’s future policy orientations on possible implementing measures under the Market Abuse Regulation. We very much hope our comments will assist in ensuring that the final regime developed is proportionate and works effectively. On this basis, we have tried to ensure our comments are as detailed as possible and where possible, we have sought to propose solutions. Furthermore, we have highlighted a number of areas where we would welcome further clarification.

Please find our full response below.