Author: Lucy Reeve

ESMA finalises amendments to guidelines for delaying disclosure for banks

The European Securities and Markets Authority has published its final report on amendments to its guidelines on delaying disclosure of inside information under the EU Market Abuse Regulation, following its July 2021 consultation. The changes relate to the interplay between MAR and the prudential supervisory rules for financial institutions. In particular in relation to the institution-specific Supervisory Review and Evaluation Process (SREP) decisions received from regulators, with particular reference to the Pillar 2 Capital Requirements (P2R) and Capital Guidance (P2G).