Inside information meaning

The following chart provides a concise outline of the principal information and the questions to weigh when determining whether something amounts to inside information for the purposes of Article 7 of Regulation (EU) 596/2014 (the EU Market Abuse Regulation) and Assimilated Regulation (EU) 596/2014 (the UK Market Abuse Regulation). For fuller detail, consult Practice Note: Market Abuse Regulation (MAR)—essentials—Definition of inside information...

In this issue: New technologies Information technology Internet Advertising, marketing and sponsorship LexTalk®TMT: a Lexis®Nexis community Daily and weekly news alerts New and updated content Dates for your diary Trackers Useful information New technologies AI in dispute resolution—balancing the risks and opportunities Dispute Resolution analysis: AI stands to reshape dispute resolution, boosting efficiency and cutting costs. As AI’s role within the legal sphere accelerates, there is a growing obligation to balance its promise against likely risks to reliability, accountability, privacy and ethics. This article examines the changing place of AI in dispute resolution, the advantages it can bring, the drawbacks it presents, and the importance of planning to reduce the potential hazards it may create. Authored by Rebecca Warder, Head of Knowledge Management, Hausfeld & Co, Lucy Pert, Co-Head of Commercial Disputes and Partner, Hausfeld & Co, and Edward Nyman, Senior Associate, Hausfeld & Co. See News Analysis: AI in dispute resolution—balancing the...

In this issue: Authorisation, approval and supervision Prudential requirements Operational resilience Financial crime and sanctions Consumer protection Complaints, compensation and claims management Investigations, enforcement and discipline Regulation of capital markets Regulation of derivatives Sustainable finance and ESG Banks and mutuals EU MiFID II Consumer credit, mortgage and home finance Regulation of insurance Payment services and systems Fintech and cryptoassets Dates for your diary New and updated content Financial Services Enforcement Database Daily and weekly news alerts LexTalk®Financial Services: a Lexis®Nexis community Authorisation, approval and supervision The Financial Conduct Authority has unveiled streamlined annual Regulatory Priorities reports, replacing over forty portfolio letters. The slimmer format cuts publications to nine sector‑specific reports, each delivering a one‑page summary of priorities with direct links to fuller guidance. Updated every year, the reports are intended to clarify what the regulator expects from firms while lightening the compliance load....

Financial services developments POATRs: FCA clarifies its position on notifications relating to admissions to trading The Financial Conduct Authority (FCA) has released a statement on notifications for admissions to trading and the recent amendments to the UK Listing Rules, setting out its stance following the launch of the new Public Offers and Admissions to Trading Regulations (POATRs) regime. From 19 January 2026, POATRs and related updates created a duty in the Prospectus Regime Manual (PRM 1.6.4R) for issuers to inform a Regulatory Information Service (RIS) of any admission to trading within 60 days of that admission. Since implementation, the FCA has been alerted to potentially duplicative obligations in UKLR 6.4.4R(4), 13.3.20R(4), 14.3.17R(4), 16.3.16R(4) and 22.2.17R(4), which have caused uncertainty for some issuers. The FCA now plans to consult shortly on deleting UKLR 6.4.4R(4) and matching provisions in other UKLR chapters. If adopted, issuers would then be subject only to the 60‑day notification rule in PRM 1.6.4R for admissions to trading. While these revisions are considered, and until it communicates...

Resource Note This Resource Note signposts key commentary, analysis and materials to aid interpretation and offer practical direction on using Chapter 2 of the Disclosure Guidance and Transparency Rules (DTR 2). Where relevant, it draws on: the Financial Conduct Authority (FCA) Handbook FCA Knowledge Base—Procedural and Technical notes (formal guidance binding on the FCA) FCA consultation and discussion papers, policy and feedback statements, and warnings Primary Market Bulletins and other FCA publications legacy UKLA technical and procedural notes and the UKLA’s newsletter List!, where still pertinent assimilated EU legislation EU Directives and EU Regulations, where helpful to construing a provision Lexis+® UK analysis and resources Setting the scene What it covers: DTR 2 prescribes the framework for issuers to disclose and manage inside information, supporting timely and even-handed release of market-sensitive information. It also identifies specific situations permitting a delay to public disclosure of inside information, together with the safeguards required to keep such information...

This Practice Note considers the eligibility criteria for indefinite leave to remain under the Tier 1 (Investor) category. The Tier 1 (Investor) category closed to fresh applications, without notice, from 16.00 on 17 February 2022 through Statement of Changes in Immigration Rules CP 632. Holders of existing leave on this route may still prolong their permission, including applying for entry clearance from outside the UK where they have held Tier 1 (Investor) leave at any point in the 12-month period before the application date, and may pursue settlement. Requests to extend, whether made inside or outside the UK, must be filed by 17 February 2026. Applications for indefinite leave to remain must be submitted before 17 February 2028. Specific timings for each cohort are outlined below. In line with other pre-simplification ‘legacy’ routes—and particularly as this route was partly closed due to concerns it enabled the movement of illicitly obtained wealth—both extension and settlement applications are expected to attract rigorous scrutiny. For more on the closure, see: LNB News...

STOP PRESS: The EU Listing Act appeared in the Official Journal on 14 November 2024, introducing amendments to the EU Market Abuse Regulation (EU MAR). The majority of the Act’s measures, including the EU MAR changes, are due to apply from July 2026, conditional on the Commission adopting level 2 delegated acts. Certain EU MAR updates on market soundings and managers’ transactions, however, took effect on 4 December 2024 and are flagged in the relevant sections of this Practice Note. On 7 May 2025, ESMA issued technical advice to the Commission covering, among other matters, EU MAR. On 8 April 2026, the Commission released the final texts of two delegated acts: one addressing the disclosure of inside information and another dealing with, among other aspects, indicators of market manipulation. These delegated acts will be published in the Official Journal of the EU and will enter into force provided the European Parliament or the Council of the EU do not object. The scrutiny period typically runs for two months after...

This note offers general guidance about financial disclosure. Your family lawyer will be able to give specific advice tailored to your circumstances. What is financial disclosure? Financial disclosure means providing your spouse or partner, and the court, with complete information about your personal financial position together with your anticipated needs and resources. It is ordinarily the first step your family lawyer will ask you to take, because they cannot advise you properly on the likely outcome of your matter without a clear understanding of where both you and your spouse/partner stand financially. In financial cases, transparency is crucial whatever route you choose to reach an agreement, whether inside or outside the court system. If you commence court proceedings, the court will require both you and your spouse/partner to complete a detailed financial statement (a form known as Form E) before the first hearing. In out-of-court options such as mediation, collaborative law or arbitration, you will usually be asked to use a similar form or document. Why is...

Article 18(1) of the UK Market Abuse Regulation (Assimilated Regulation (EU) 596/2014 (UK Market Abuse Regulation)) An issuer, or any person acting for an issuer or on the issuer’s account, is obliged to compile a list of all individuals who have access to inside information and who work for them under an employment contract, or who otherwise carry out tasks that provide access to such information, for example advisers, accountants, or credit rating agencies...

1 Introduction 1.1 This memorandum is produced for the directors and proposed directors (the Directors) of the Company, to offer a high-level overview of the principal duties and obligations of a director of a company with shares admitted, or to be admitted, to AIM, a market run by London Stock Exchange plc (LSE). 1.2 Once a company’s securities are admitted to trading on AIM, the company and its directors are subject to an additional layer of regulation. This includes obligations set out in the AIM Rules for Companies issued by the LSE (AIM Rules), the Disclosure Guidance and Transparency Rules sourcebook (DTRs), the Prospectus Rules and the Market Abuse Regulation. 1.3 As a Director, you will be accountable, both individually and collectively with your fellow Directors, for the Company’s compliance with these requirements. The LSE has authority to impose fines or publicly censure an AIM company for breaches of the AIM Rules and may suspend or cancel the admission of the Company’s securities to AIM...