A MAD idea?


When Graham O’Connell, director of financial services regulatory practice at PricewaterhouseCoopers, attended a recent conference on comparative law in financial regulations, one presentation struck him in particular. Appearing in one conference session together were representatives from the financial regulators of the UK, France and Germany. Each was outlining what its approach to the Market Abuse Directive (MAD) would be once it had been implemented.

O’Connell says: "When three different

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