Overview of the Market Abuse Directive and Regulation

• Jurisdiction: European Union
• Author: Sebastian Mock

Speaker

Sebastian Mock is a full Professor (Chair) of Law at the Vienna University of Economics and Business in Austria. He teaches Civil Law, Corporate Law, Securities Regulation, Commercial and Bankruptcy Law. He is author of many articles in the field of international company law and securities regulation and editor of several books, including Market Abuse Regulation – Commentary and Annotated Guide, OUP 2017 (with M Ventoruzzo); Comparative Corporate Law, West 2015 (with M Ventoruzzo, PH Conac, G Goto, M Mario Notari and A Reisberg); Handbook on Shareholder’s Agreements - Regulation, Practice and Comparative Analysis, DeGruyter 2017 (with K Csach and B Havel).

After studying at the Universities of Jena and Hamburg (both in Germany), Montpellier (France), and the New York University School of Law, Sebastian obtained a PhD in Law from the University of Hamburg in 2007 and finished his Habilitation in 2012. In addition to teaching in Austria and Germany Sebastian has also taught corporate and bankruptcy law in China, Russia, and Italy.

Topic

This presentation serves as an in-depth exploration of the underlying foundations of the European Union (EU) market abuse regime, offering a comprehensive overview of its historical context and tracing the trajectory of market abuse prevention from its inception to its current state of evolution. By delving into the intricate details of this regulatory framework, it seeks to shed light on the multifaceted dimensions that have shaped the regulatory landscape over time.

The narrative commences by delving into the historical backdrop that necessitated the establishment of the EU market abuse regime. Through an analytical lens, it explores the key events and developments that underscored the need for a robust framework to counteract market abuse practices. This historical context not only illuminates the catalysts that led to the creation of this regime but also provides a deeper understanding of the systemic risks that market abuse posed to the integrity of financial markets.

Moreover, the presentation meticulously traces the evolutionary journey of market abuse prevention, from its nascent stages to its current...