ESMA_QA_1745
27/01/2017
Subject Matter
Recommendations on multiple issuers
    How does Commission Delegated Regulation (EU) 2016/958 apply when the subject of the recommendation relates to multiple issuers independently?
    ESMA Answer
    27-01-2017

      [ESMA70-145-111 MAR Q&A, Q&A 8.9]

      When a recommendation refers to several issuers independently, for example as part of sectorial research, the requirements would apply independently to every issuer that is the subject of the recommendation.

      Status: Answer Published

      Additional Information

      Level 1 Regulation
      Market Abuse Regulation (MAR) Regulation (EU) No 596/2014 - Market Intergrity
      Topic
      Investment recommendations and statistics and disclosure of information on the media