https://www.taxtmi.com/news?id=20577 The draft Directions prohibit market abuse-defined to include market manipulation, benchmark manipulation and misuse of information-and apply to all market participants in instruments regulated by the Bank. They forbid actions that create artificial prices or mislead on supply or demand, manipulation of benchmark or reference rate calculations, and use or dissemination of unpublished price sensitive information for material benefit. Market participants must maintain monitoring and prevention policies, report detected abuse, provide requested data, and may face regulatory sanctions including suspension of market access after a fair opportunity to be heard. en-us Sat, 29 Sep 2018 10:37:16 +0530 Sat, 29 Sep 2018 10:37:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=20577 The draft Directions prohibit market abuse-defined to include market manipulation, benchmark manipulation and misuse of information-and apply to all market participants in instruments regulated by the Bank. They forbid actions that create artificial prices or mislead on supply or demand, manipulation of benchmark or reference rate calculations, and use or dissemination of unpublished price sensitive information for material benefit. Market participants must maintain monitoring and prevention policies, report detected abuse, provide requested data, and may face regulatory sanctions including suspension of market access after a fair opportunity to be heard. News - Sat, 29 Sep 2018 10:37:16 +0530 https://www.taxtmi.com/news?id=20577