Purpose – The purpose of this paper is to explore the prospects for and some foreseeable consequences of more intensive enforcement action against insider trading in the context of the UK, within the EU and international contexts. Design/methodology/approach – The approach adopted is...

Purpose – The purpose of this paper is to examine the effect of the passage of the Sarbanes-Oxley Act (SOX) on a number of governance and governance-related characteristics, such as board structure and committee composition, as well as the effect of those changes (if any) on both accounting...

Purpose – To report and comment on the tribunal case Phillippe Jabre v. FSA Design/methodology/approach – Outlines the facts and explains the decision reached. Findings – Had the tribunal resolved the market abuse issue otherwise it would have flown in the face of the realities of globally...

Purpose – The purpose of this study is to consider the case of Sean Pignatelli and consider surrounding commentary on the misuse of market information. Design/methodology/approach – The paper reviews the Financial Services Authority's (FSA) Final Notice and related publications. Findings –...

Purpose – This study aims to examine the extent to which UK directors failed to report their share trading in the timeframe required by extant regulations in the run-up to the changes in insider trading law contained in the Financial Services and Markets Act. Design/methodology/approach –...

This paper summarises the FSA's enforcement action taken to date under the market abuse regime and considers how the implementation of the Market Abuse Directive (‘MAD’) will affect the work of city compliance officers. In particular, this paper focuses on the new requirement for the...

Purpose The purpose of this paper is to ascertain the efficacy of Financial Services and Markets Act (FMSA) (2000) in deterring illegal insider trading in target companies around the time of a merger and aquisition announcement. Design/methodology/approach The author uses an event study to...

The Greek insider trading and market manipulation (market abuse) regime is in the process of transformation by the new Code on Capital Market, which internalises the provisions of the 2003 Market Abuse Directive. The new market abuse prohibition follows an effect‐oriented approach, which, in...

This paper summarises the FSA's enforcement action taken to date under the market abuse regime and considers how the implementation of the Market Abuse Directive (‘MAD’) will affect the work of city compliance officers. In particular, this paper focuses on the new requirement for the...

Purpose – To report and comment on the tribunal case Phillippe Jabre v. FSA Design/methodology/approach – Outlines the facts and explains the decision reached. Findings – Had the tribunal resolved the market abuse issue otherwise it would have flown in the face of the realities of globally...