Market abuse - Best practice points for firms

The move follows publication by the Financial Services Authority of several documents, and in particular, MarketWatch No 27, following its follow up to the 2007 thematic review of controls over inside information on public takeovers carried out over the last year amongst mergers and acquisition firms.

Since the 2007 review, work has also been done with a number of interested trade bodies - this has resulted in the publication of a good practice paper on insider dealing. Although this document is not an FSA document or FSA Guidance and the FSA has said that it will not be judging firms against it, it does represent a starting point for firms active in M&A work or dealing with insider information.

The Resources Compliance bulletin covers these areas and is recommended reading for firms.

Click here to read the full report (PDF)