Market Abuse Regime: Overview for AIM companies

Corporate Alert

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The Market Abuse Regulation (MAR) introduces a new market abuse regime from 3 July 2016. 

MAR is designed to introduce a common regulatory framework on market abuse across the EU and generally will extend the scope and impact of the existing UK market abuse regulations, most notably in relation to AIM companies. In addition to MAR and accompanying EU regulations and guidance (some of which is still in draft form), the new regime will also require changes to be made to the Financial Services and Markets Act 2000 and the AIM Rules. 

The London Stock Exchange is consulting on proposed changes to the AIM Rules. Based on the consultation draft, set out in the attached is a brief overview of the key changes which will affect UK AIM companies.