Greater transparency of transactions conducted by persons discharging managerial responsibilities within issuers and, where applicable, persons closely associated with them, constitutes a preventive measure against market abuse. The publication of those transactions on at least an individual basis can also be a highly valuable source of information to investors.
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New version applies from 04/01/2011 — introduced by Directive 2010/78/EU.
52 provisions change.
Later versions: 03/07/2016.
Recital 26 changes in this version: compare with the current text.