MonIdee

MARKET ABUSE REGULATION (MAR)

a highlight

tOption’s easy and solid MAR solution

Since the 3rd of July 2016 the Market Abuse Regulation, directed by the European Union, has been effective. Most market participants, including banks, funds, investment firms, and the majority of EU issuers will be affected. Next to the Insider Trading regulation, MAR obliges issuers and EAMPs to prepare and maintain a list of everyone working for them who has access to inside information.

What’s at Stake?

Market Abuse Regulation infringements will be subject to substantial monetary and punitive sanctions across a harmonized EU regime of criminal offenses.

What to do?

All insiders have to be detected in a Permanent Insider List or in a Temporary Project Insider List. The format of these lists have been standardized by the EU.

Within the Compliance module, MonIdee has created a module to ensure all your insiders can be administered and monitored within the two different types of Insiders Lists.

Each insider can be member of multiple compliance groups. Insiders are also able to sign-in in a secure environment, signoff disclaimers and agreements and upload signed compliance documents them selves.

The compliance officer is able to administer, monitor and report though tOption platform in an easy way.

A complete audit trail is assured including all time stamps.

The electronic required EU formatted list can easily be downloaded, signed and sent to the appropriate authorities.

Benefits:

Easy and secure Administration
Complete Overview of Insiders 24/7 up to date
Complete Audit trail including time stamps
Online signing of documents, disclaimers and agreements
Can be administered with Insider Trading regulations
Tailor-made solution per client
The electronic required EU formatted list can easily be downloaded, signed and sent to the appropriate authorities.