Disclosure of Inside Information and Troubled Financial Institutions: A Critical Analysis of Member State Practice
Disclosure of Inside Information and Troubled Financial Institutions: A Critical Analysis of Member State Practice
Joris Latui
This article looks at the interaction between the national and European regulation on disclosure of inside information in general, and during some key moments of the financial crisis. Flaws in both the national and European regimes are thoroughly examined. The question whether the Market Abuse Directive is a maximum harmonisation directive will also be asked. The article then proceeds to analyse the impact a positive answer to this question would have on gold-plated national regulation.
Law and Financial Markets Review, Vol. 5, No. 1, Jan 2011: 62-76.