ESMA_QA_1750
Topic
Insider lists
01/09/2017
Subject Matter
Issuer’s responsibility in case of delegation
Question
When does the issuer remain fully responsible under the second subparagraph of Article 18(2) of MAR for the compliance with the insider list requirements by persons acting on behalf or account of the issuer?
Level 1 Regulation
Market Abuse Regulation (MAR) Regulation (EU) No 596/2014 - Market Intergrity
ESMA_QA_1749
Topic
Insider lists
01/09/2017
Subject Matter
Subject of the insider list requirements
Question
Are persons acting on behalf or account of the issuer (e.g. advisors and consultants) subject to the obligation to draw up, update and provide to the NCA upon request their own insider list under Article 18(1) of MAR?
Level 1 Regulation
Market Abuse Regulation (MAR) Regulation (EU) No 596/2014 - Market Intergrity
ESMA_QA_1874
Topic
Alternative Performance Measures (APM)
12/07/2017
Subject Matter
Interim financial statements; Paragraph 31 and 32 of the APMs Guidelines.
Question
Does paragraph 31 of the APMs Guidelines apply to quarterly financial figures included in ad-hoc disclosures published by issuers in accordance with article 17 of MAR when there is no requirement under the Transparency Directive (TD) to publish interim financial statements (e.g. quarterly financial statements)?

How should issuers comply with paragraphs 31 and 32 of the APMs Guidelines?
Level 1 Regulation
Transparency Directive (TD) Directive 2004/109/EC
ESMA_QA_1875
Topic
Alternative Performance Measures (APM)
12/07/2017
Subject Matter
Concept of Prominence; Paragraph 35 and 36 of the APM Guidelines.
Question
How should an issuer apply the principle of “prominence” as included in the APMs Guidelines?
Level 1 Regulation
Transparency Directive (TD) Directive 2004/109/EC
ESMA_QA_1876
Topic
Alternative Performance Measures (APM)
12/07/2017
Subject Matter
Compliance by reference; Paragraph 45 and 46 of the APMs Guidelines (not applicable to prospectuses which are covered by a separate regime).
Question
What are the limits for the compliance by reference principle included in paragraph 45 of the APMs Guidelines?
Level 1 Regulation
Transparency Directive (TD) Directive 2004/109/EC