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Market abuse rules go to the wire

European lawmakers have written to the European Commission's financial services chief, saying that they will extend their scrutiny period for parts of the Market Abuse Regulation to three months rather than one, as the industry prepares for their enactment in July.

MEPs are demanding a longer scrutiny period
MEPs are demanding a longer scrutiny period Photo: iStock

European lawmakers have written to the European Commission's financial services chief, saying that they will extend their scrutiny period for parts of the Market Abuse Regulation to three months rather than one, as the industry prepares for their enactment in July.

Roberto Gualtieri, chairman of the European Parliament's economic and monetary affairs committee, wrote to Commissioner Jonathan Hill on March 14, as well as Pieter de Gooijer, the representative of the Netherlands presidency on the European Council.

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