Market Abuse Regulation (MAR) came in force on July 2016. The regulation defines the first consistent legal framework for the prevention of market abuse for the whole European Union. Market abuse is the general term for all illegal activities within financial markets and includes insider dealing, unlawful disclosure of inside information and market manipulation.
UniCredit Bank AG has implemented processes, systems and internal guidelines to prevent and detect market abuse activities. Furthermore, the bank corporates closely with relevant authorities (e.g. BaFin). Every employee within UniCredit Bank is well informed about the topic and the consequences of breaches. Compliance monitors the transactions with financial instruments of employees and customers to detect and sanctify market abuse behavior.