In this Policy Statement we summarise the feedback we received to the Consultation Paper CP16/38 - DTR 2.5 changes: delay in the disclosure of inside information - and publish the final rules.
In our consultation CP16/38, we invited comments on our proposed amendments to the Handbook to ensure we comply with ESMA’s Guidelines on delay in the disclosure of inside information.
Who this applies to
This Policy Statement will be of interest to:
- issuers of instruments in the scope of the Market Abuse Regulation (MAR)
- firms who advise these issuers
The revised Handbook text set out in Appendix 1 will come into force on 24 February 2017.
We expect market participants to note both sets of Guidelines and comply with them. Issuers should also note the changes made to the FCA guidance in DTR 2.5.