Treasury, FSA consult on insider dealing

clock

Proposals to limit insider dealing and market manipulation have been outlined by the Treasury and FSA in a joint document consulting on how to implement the EU Market Abuse Directive in the UK.

While the proposals will not substantially alter the existing UK regime on such issues, there are some wording and technical changes that will need to be implemented, for example, allowing the FSA wider powers covering issuers of stock. Different types of advisers will therefore be covered, such as those in law and in issueing new shares on the Stock Exchange. Definitions of insider rules will not be substantially changed, although the process of providing notification of, for example, director’s dealings will be streamlined. Those involved in distributing investment advice will be...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Cohabitation consultation to provide 'improvement not parity'

Cohabitation consultation to provide 'improvement not parity'

Clear framework could help advisers

Sophia Panayi
clock 08 June 2026 • 5 min read
FCA obtains £425,000 confiscation order in Ponzi fraud case

FCA obtains £425,000 confiscation order in Ponzi fraud case

Confiscation order against convicted fraudster Daniel Pugh

Sophia Panayi
clock 08 June 2026 • 1 min read
Feel Good Friday: Royal London opens applications for £10,000 women and girls' rugby grant

Feel Good Friday: Royal London opens applications for £10,000 women and girls' rugby grant

Third year of annual Championing Women and Girls’ Grassroots Rugby Award

Professional Adviser
clock 05 June 2026 • 1 min read