he New UK Market Abuse Regime – A Short Introduction

Chris Bates, Clifford Chance, London. Chris.Bates@cliffordchance.com

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The statutory framework for the new UK market abuse regime is now in place. When the Financial Services and Markets Act 2000 comes into force, it will give the Financial Services Authority (FSA) new powers to sanction anyone who engages in “market abuse” ie misuse of information, misleading practices and manipulation relating to investments traded on UK markets (as well as those who require or encourage others to engage in conduct that would amount to market abuse).