Ireland:
Central Bank Powers On Market Abuse
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The Central Bank has ended the delegation arrangements with the
Irish Stock Exchange in respect of certain functions under the
Market Abuse (Directive 2003/6/EC) Regulations 2005 (SI 342/2005).
The ending of the arrangement will mean that the monitoring and
investigation functions under the Regulations will now be carried
out directly by the Central Bank.
The Central Bank has also published an amended version of its
Market Abuse Rules which came into effect on 1 February 2012.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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