Bulgaria

    Bulgaria

    The Measures Against Market Abuse with Financial Instruments Act was developed to govern insider dealing and financial instruments market manipulation.

    Overview: This law governs the measures against insider dealing and manipulation relating to financial instruments. It focuses on market abuse prevention and detection; enhancement of public confidence in the financial instruments market; provision of prompt and complete disclosure of information to investors; and the creation of conditions for the development of a fair, transparent and effective financial instruments market.

    • Chapter 1: General Provisions
    • Chapter 2: Prohibitions on insider dealing and financial instruments market manipulation
    • Chapter 3: Measures for prevention and detection of insider dealing and financial instruments manipulation
    • Chapter 4: Information exchange and interaction
    • Chapter 5: Control
    • Chapter 6: Coercive administrative measures
    • Chapter 7: Administrative penalty provisions
    • Supplementary provisions
    • Final provisions
    • Appendix to Article 27 (1): List of signals of financial market manipulation

    Resources & Insights

    Nasdaq Crypto Regulation Guide: Europe

    Nasdaq Crypto Regulation Guide: Europe

    Regulation of cryptocurrency varies globally by region, jurisdiction, and regulatory body. Nasdaq’s comprehensive and updated Cryptocurrency Regulation Guide Europe provides a snapshot of recent recommendations from international regulatory and standards-setting bodies as well as key developments in Europe.

    Clearing the Path for Crypto-Asset Regulation: The EU’s MiCA Explained

    Clearing the Path for Crypto-Asset Regulation: The EU’s MiCA Explained

    The EU recently passed the Markets in Crypto-Assets (MiCA) regulation which will go into effect in 2024. The monumental vote will set global standards for the regulation of crypto-assets. Read our paper to learn more about the articles within MiCA pertaining to market abuse.

    Practical Guide: Markets in Crypto Assets (MiCA) Regulation

    Practical Guide: Markets in Crypto Assets (MiCA) Regulation

    With MiCA scheduled to go into effect in 2024, crypto-asset market participants should expect more stringent surveillance requirements once the regulation is implemented. Now is the time to implement technology and processes to monitor for market abuse, money laundering, and fraud – not only to ensure compliance, but also to protect investors, instill confidence, promote integrity, and attract clients.