Version status: Amended, Applicable | Document consolidation status: Updated to reflect all known changes
Version date: 3 July 2016 - onwards
  Version 3 of 3    

Article 38 Report

By 3 July 2019, the Commission shall submit a report to the European Parliament and to the Council on the application of this Regulation, together with a legislative proposal to amend it if appropriate. That report shall assess, inter alia:

(a) the appropriateness of introducing common rules on the need for all Member States to provide for administrative sanctions for insider dealing and market manipulation;

(b) whether the definition of inside information is sufficient to cover all information relevant for competent authorities to effectively combat market abuse;

(c) the appropriateness of the conditions under which the prohibition on trading is mandated in accordance with Article 19(11) with a view to identifying whether there are any further circumstances under which the prohibition should apply;

(d) the possibility of establishing a Union framework for cross-market order book surveillance in relation to market abuse, including recommendations for such a framework; and

(e) the scope