This course can also be presented face to face in-house or via live in-house webinar.
Market Abuse Workshop Course Objectives:
This workshop will split across two sections:
- A focus on MAR and what we now know two years on; what it is, what it means and why it matters.
- Case study analysis – what can we learn from cases that have directly impacted the fund industry.
- All investment staff within authorised funds
- CCOs and Compliance staff
- Operations and support staff
- Duration is as a half day classroom workshop
- It can also be made available as an online webinar series
Market Abuse Workshop Course Content:
A recap on the Market Abuse Regulation (MAR)
- MAR; What is it? What does it mean? Why does it matter?
- What it covers
- Main offences
- What you need to know
Key focus areas
- Manipulating transactions
- Manipulating devices
- Market open/close
- Profiting from voicing an opinion
Indications of execution market manipulations
- Abusive Squeezes
- Wash Trades
- Painting the tape
- Ping Orders
- Marking the close
- Pump and Dump
- Layering and Spoofing
- Trash and Cash
- Colluding in the after-market of an IPO
- Placing orders with no intention of executing
Case study analysis
- Window dressing
- Market soundings
- Cherry picking
- Insider dealing
- Sell side considerations
- FMSB key findings
- Suspicious transaction and order reporting
- Competition law considerations
Background of the Trainer:
During his banking career at UBS and Nomura, the trainer gained invaluable experience in a variety of front office and training functions, spanning across both financial markets and compliance. The trainer brings a unique blend of market experience, technical knowledge and regulatory know-how to offer leading workshops designed to provide practical, flexible and commercial Compliance training solutions to clients.
Market Abuse Workshop Course Summary:
The Market Abuse Regulation (MAR) was introduced in July 2016 and the FCA has recently imposed some big fines on high-profile names in the fund industry. This coupled with its report into the Asset Management Industry means that those working in the fund industry need to be ever more vigilant on market abuse, what it means and what obligations they have on them to demonstrate awareness and adherence.