1. The ECB and the NCAs shall take the necessary measures to ensure that their members of staff and the members of their bodies are prohibited from misusing non-public information.
2. The prohibition on misusing non-public information shall cover, as a minimum, the use of non-public information: (a) for private financial transactions for one’s own account or for the account of third parties; and (b) in order to recommend or induce third parties to act on that non-public information.