Online Market Abuse Course

General

Read more about this program on the school's website

Program Description

  • Dates: From 07/15/2020 to 08/01/2020
  • Place: Online
  • Hours: Online
  • Duration: 3 hours
  • Price: 100 €

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Presentation

This online course on Market Abuse tries to approach, in an easy but rigorous way, a deeply legal and arid subject so that the student understands and understands what privileged information and manipulations, both operative and informative, in financial markets consist of.

This course consists of 7 modules: Sanctions, Summary of current regulations, Privileged information, Operational and Informational Manipulations, Technical Standards, Technical Notice Feb 2015 and Organizational, prevention, detection and response measures.

The modules are accompanied by documentation, short videos and a self-assessment test. The sum of the duration of all the videos is approximately 3 hours.

At the end of the study of all the modules there is a final exam that in case of being approved the students will receive their Certificate of "Risk Management of Market Abuse"

The entire course is estimated to be done in approximately 4 hours, although the platform will be enabled for a week so that the student can take the course at their own leisurely pace.

Addressed to

Any employee of a listed company, credit institution or investment service company, as well as any private investor is subject to the Market Abuse regulations. Failure to comply with this can lead to severe penal and administrative sanctions for natural and legal persons of up to 4 years of deprivation of liberty and a 5 million euro fine.

objective

The objective of this course is that the student in an easy and entertaining way knows the basic elements that concern market abuse and how it is managed.

This Market Abuse course aims to definitively resolve compliance with the training of both employees of entities subject to the regulations and of any person who wants to have a rigorous knowledge of Market Abuse.

According to ESMA (European Securities Market Authority) regarding training:

  • Effective monitoring involves much more than a surveillance system and should include comprehensive training genuinely dedicated to the surveillance, detection and reporting of suspected market abuse or attempted market abuse. Training plays a key role in the ability of staff to detect suspicious behavior .
  • Training is essential and plays an important role in increasing the quality of suspicious transaction reporting, it should not only be based on appropriate surveillance and detection systems. The experience of some competent authorities is that some of the best communications of suspicious operations and orders come from office personnel .
  • When entities have automated surveillance systems and specific surveillance equipment, the duty for detection falls on the individual who has a suspicion, anywhere in the structure of an entity that he / she may sit . This is despite the fact that the ultimate legal responsibility for reporting to the competent authority rests with the operator of the market or trading venue or any person who processes or executes transactions, regardless of whether that person is a legal person or a natural person.
  • Institutions must ensure that effective training in the detection of abusive market conduct is offered to all relevant personnel. Given the introduction of the new crime of attempted manipulation, training programs will also have to ensure that staff, and in particular office personnel, are aware of conduct that could constitute attempted market abuse. Accordingly, comprehensive and robust training will also be essential so that relevant staff have confidence in their ability to detect suspicious transactions and operations.
  • Due to the variety of persons subject to the obligation to submit suspicious orders and operations and the wide range of activities and business structures, it is not considered desirable to establish the specific details of the training program content. You will need effective training to adapt to the entity's business. It should be considered, but not limited to, the size, structure, systems and activities of the company.

Temary

  • Module I: Sanctions
  • Module II: Summary of Current Regulations
  • Module III: Inside information.
  • Module IV: Operative and Informational Manipulations
  • Module V: Technical Standards
  • Module VI: Technical Notice Feb 2015
  • Module VII: Organizational, prevention, detection and response measures

Observations

For simultaneous registrations of 5 or more people, consult the special discounts with institutobme@grupobme.es.

Last updated Aug 2020

About the School

Instituto BME es el centro de formación de Bolsas y Mercados Españoles (BME), el cuarto operador de mercados en Europa. Se constituye en 2005 continuando con la labor de difusión llevada a cabo desde ... Read More

Instituto BME es el centro de formación de Bolsas y Mercados Españoles (BME), el cuarto operador de mercados en Europa. Se constituye en 2005 continuando con la labor de difusión llevada a cabo desde 1990 por Instituto MEFF, como reflejo en el ámbito de la formación del proceso de integración del conjunto de mercados de valores y sistemas de compensación y liquidación existentes en España. Read less