CELEX: E2013J0023
Language: en
Date: 2014-05-09 00:00:00
Title: Judgment of the Court of 9 May 2014 in Case E-23/13 — Hellenic Capital Market Commission (HCMC) (Directive 2003/6/EC — Admissibility — Judicial or administrative function — Information request — Requirement in national law to set out the facts that give rise to the suspicion)

12.2.2015   
            
            
               EN
            
            
               Official Journal of the European Union
            
            
               C 49/15
            
         JUDGMENT OF THE COURT
   of 9 May 2014
   in Case E-23/13
   Hellenic Capital Market Commission (HCMC)
   (Directive 2003/6/EC — Admissibility — Judicial or administrative function — Information request — Requirement in national law to set out the facts that give rise to the suspicion)
   (2015/C 49/08)
   In Case E-23/13 Hellenic Capital Market Commission (HCMC) — REQUEST to the Court under Article 34 of the Agreement between the EFTA States on the Establishment of a Surveillance Authority and a Court of Justice from the Administrative Court of the Principality of Liechtenstein (Verwaltungsgerichtshof des Fürstentums Liechtenstein) concerning the interpretation of Article 16 of Directive 2003/6/EC of the European Parliament and of the Council of 28 January 2003 on insider dealing and market manipulation (market abuse), the Court, composed of Carl Baudenbacher, President, Per Christiansen (Judge-Rapporteur) and Páll Hreinsson, Judges, gave judgment on 9 May 2014, the operative part of which is as follows:
   A requirement that obliges the authority requesting information in accordance with Article 16 of Directive 2003/6/EC to specify the facts giving rise to the suspicion is not compatible with Directive 2003/6/EC.