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Eversheds comment: FCA remains gold standard for market abuse prosecutions in face of forthcoming European legislation

  • United Kingdom


    Commenting in light of planned new EU legislation to address market abuse, Greg Brandman, partner and regulation expert at global law firm Eversheds, says:

    "Inconsistency in the application of existing market abuse rules and the patchiness of the criminal regime have long been a problem in the EU. While the new raft of European legislation coming through will address these issues to a considerable extent and the increased willingness by European regulators to grasp the nettle of market abuse in their own jurisdictions is a welcome development, the reality is that the UK's FCA will continue to apply the gold standard for insider dealing prosecutions in Europe for some time to come."


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