Description
EIB Group entities operate in financial markets whose integrity and smooth functioning can be harmed by market manipulation, insider dealing and unlawful disclosure of inside information and other unlawful practices. EIB Group entities conform to best banking practices and maintain internal organisational requirements in respect of the Market Abuse Regulation (EU) No. 596/2014 and other regulatory requirements. Guided by principles of transparency, the EIB Group has updated its internal framework on market abuse and established a publicly available EIB Group Market Abuse Policy, applying to both the EIB and the EIF.
Whilst Market Abuse Regulation requirements already apply to EIB Group staff and members of its governing bodies, the Market Abuse Policy provides explanations on insider dealing and the unlawful disclosure of inside information. It covers key regulatory concepts and establishes prohibitions regarding personal and professional transactions in financial instruments, specifying controls and responsibilities to promote staff accountability regarding market abuse matters.
