UK market abuse update: FSA continues to demonstrate resolve to tackle market abuse

Abstract

Over the course of 2010, the FSA has continued to demonstrate its resolve to tackle market abuse as a key priority. Now, more than ever, firms need to be aware of the key issues and trends in this area. This article discusses market abuse developments since March 2010 and identifies some of the key issues firms should consider. It covers recent criminal proceedings, FSA enforcement action, and other developments, including the review of the Market Abuse Directive.