ESMA updates MAR Q&A

The European Securities and Markets Authority has issued an update of its Q&A on the EU Market Abuse Regulation. 

The updated questions confirm that: (i) the prohibition on insider dealing continues to apply where persons discharging managerial responsibilities have been given permission to deal in closed periods; and (ii) the transactions, by a PDMR, prohibited during a closed period under Article 

19(11) MAR are the same as those subject to the notification requirements under Article 19(1) MAR.