Experts have warned that the industry needs more clarity on the requirements
Trading and tech experts have voiced
concerns over the scope of work still ahead for the industry in
preparation for the Market Abuse Regulation (MAR), less than a
month before the rules come into force.
"The surveillance requirements under the
rules are the biggest area of concern at the moment; there
seems to be a disconnect between what the regulator wants and
interpretation by the industry," said Edward Stileman, Advisory
Compliance – Futures and Commodities at Bank of
America Merrill Lynch.
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