🇪🇺 Live Securities & Capital Markets

EU Market Abuse Regulation (Regulation 596/2014)

Prohibits insider dealing, market manipulation, and unlawful disclosure in EU financial markets.

View official source document

Rules extracted

188

Obligations decomposed

11.8x

Avg obligations per rule

🇪🇺 European Union

Jurisdiction

About this regulation

The Market Abuse Regulation (MAR) establishes a comprehensive EU framework to combat insider dealing, unlawful disclosure of inside information, and market manipulation. It applies to financial instruments admitted to trading on regulated markets, MTFs, OTFs, and related OTC instruments. MAR introduces requirements for public disclosure of inside information, maintenance of insider lists, notification of managers' transactions (PDMRs), market soundings procedures, buy-back and stabilisation safe harbours, suspicious transaction and order reporting (STOR), whistleblowing protections, and administrative sanctions. It replaced and strengthened the Market Abuse Directive 2003/6/EC.

What AuditDSS covers

Source

Regulation

Extracted

Rules

Decomposed

188

Obligations

11.8x

Decomposition ratio

Each rule is decomposed into an average of 11.8 atomic obligations — the smallest testable units that can be independently violated.

Fully extracted & scored

All 188 obligations have been decomposed, titled, risk-scored, and embedded for semantic matching.

Risk scoring

Every obligation in MAR is scored across independent risk dimensions:

Obligation Weight

How critical within the regulatory framework

Violation Likelihood

How often breached in practice

Enforcement Evidence

Regulator enforcement history and penalties

Cascade Dependency

How many obligations depend on this one

Regulatory details

Full title: EU Market Abuse Regulation (Regulation 596/2014)
Regulatory body: European Parliament and Council
Jurisdiction: 🇪🇺 European Union
Document type: regulation
Effective date: July 3, 2016
Issuing authority: European Parliament and Council of the European Union
Industry: Securities & Capital Markets
Official source: View source document ↗

Who this applies to

issuersinvestment firmspersons discharging managerial responsibilities (PDMRs)market participantsany person trading in financial instruments

Key requirements

prohibition of insider dealing
prohibition of market manipulation
prohibition of unlawful disclosure of inside information
public disclosure of inside information
insider lists
managers transactions (PDMR)
market soundings
suspicious transaction and order reporting (STOR)
buy-back and stabilisation safe harbours
investment recommendations
whistleblowing

Frequently asked questions about MAR

What is MAR?

Who does MAR apply to?

MAR applies to issuers, investment firms, persons discharging managerial responsibilities (PDMRs), market participants, any person trading in financial instruments.

How many obligations does MAR contain?

AuditDSS has decomposed MAR into 188 atomic obligations from 16 rules. Each obligation is independently testable and risk-scored.

What are the key requirements of MAR?

The key requirements include: prohibition of insider dealing, prohibition of market manipulation, prohibition of unlawful disclosure of inside information, public disclosure of inside information, insider lists, managers transactions (PDMR), market soundings, suspicious transaction and order reporting (STOR), buy-back and stabilisation safe harbours, investment recommendations, whistleblowing.

How can I assess my MAR compliance?

Upload your compliance policy to AuditDSS. The platform maps your document against all 188 MAR obligations using deterministic AI scoring — not checklists or LLM summaries. You get a risk-scored gap analysis showing exactly which obligations are covered, partially covered, or missing.

Which jurisdiction enforces MAR?

MAR is enforced in European Union by European Parliament and Council.

When did MAR come into effect?

MAR became effective on July 3, 2016.

What industry does MAR apply to?

MAR is primarily relevant to the Securities & Capital Markets industry. AuditDSS covers 98 regulations in this industry sector.

Build a MAR compliance pack

Don't have a compliance policy yet? AuditDSS generates a complete compliance pack for MAR — alone or combined with other regulations your business needs. Every clause is mapped to specific obligations.

Policy

High-level commitments and governance framework covering MAR requirements.

Procedures

Step-by-step operational procedures to implement each policy commitment.

Forms & checklists

Ready-to-use forms, registers, and checklists for day-to-day compliance operations.

Multi-regulation

Combine MAR with other regulations into a single unified compliance pack for your business.

Build MAR compliance pack

Already have a policy? Assess it against MAR

Upload your document

Upload your compliance policy, program manual, or operational document. AuditDSS accepts any text-based document.

AI maps against 188 obligations

Your document is scored against every obligation in MAR. Each claim is mapped to the obligation tree and evaluated for coverage.

Risk-scored gap report

Receive every gap ranked by risk priority with remediation guidance, enforcement evidence, and cascade impact analysis.