ESMA_QA_1745

Status: ✅ Answer Published

Link to ESMA Q&A tool: https://www.esma.europa.eu/publications-data/questions-answers/1745

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Regulatory Context

Regulation : MAR

Level 1 Regulation: Market Abuse Regulation (MAR) Regulation (EU) No 596/2014 - Market Intergrity

Level 2 Regulation: No information available

Level 3 Regulation: No information available

Topic: Investment recommendations and statistics and disclosure of information on the media

Subject Matter: Recommendations on multiple issuers

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Question

Submission Date: 27 January 2017

How does Commission Delegated Regulation (EU) 2016/958 apply when the subject of the recommendation relates to multiple issuers independently?

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ESMA Answer

Answer Date: 27-01-2017

[ESMA70-145-111 MAR Q&A, Q&A 8.9] When a recommendation refers to several issuers independently, for example as part of sectorial research, the requirements would apply independently to every issuer that is the subject of the recommendation.

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This document was automatically extracted from the ESMA EMIR Q&A database.