argomento: News del mese - Diritto Internazionale e Comunitario

Articoli Correlati: ESMA - MAR - administrative and criminal sanctions

On November 23rd, the European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, issued its annual report on administrative and criminal sanctions; this report also contains information on other administrative measures used in the European Union under the Market Abuse Regulation (MAR) in 2020. According to what is stated in the report, National Competent Authorities (NCAs) and other authorities imposed the sum of €17.5 million in fines for 541 administrative and criminal actions under MAR. In the opinion of the EU’s securities markets regulator, the number of administrative sanctions and measures in 2020 increased from 2019, reaching 541 from 279 the preceding year; on the other hand, the financial penalties imposed are significantly lower, reaching only €17.5 million in 2020, compared to €82 million in 2019.