{
  "url": "https://openlegislation.uk/eu-regulation-2014-596",
  "json_url": "https://openlegislation.uk/eu-regulation-2014-596.json",
  "id": "eur/2014/596",
  "title": "Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (market abuse regulation) and repealing Directive 2003/6/EC of the European Parliament and of the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC (Text with EEA relevance)",
  "short_title": "Regulation (EU) No 596/2014 on market abuse (market abuse regulation)",
  "long_title": "Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (market abuse regulation) and repealing Directive 2003/6/EC of the European Parliament and of the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC (Text with EEA relevance)",
  "citation": "EU Regulation No 596/2014",
  "type": "eur",
  "year": "2014",
  "number": "596",
  "version": "current",
  "date": "2014-04-16",
  "revised": false,
  "valid_from": null,
  "extent": "E+W+S+N.I.",
  "unapplied_effects": 19,
  "provisions": [
    {
      "path": "introduction",
      "kind": "introduction",
      "number": null,
      "heading": "Introductory text",
      "url": "https://openlegislation.uk/eu-regulation-2014-596/introduction",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": null
    },
    {
      "path": "chapter/1",
      "kind": "chapter",
      "number": "1",
      "heading": "GENERAL PROVISIONS",
      "url": null,
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": null
    },
    {
      "path": "article/1",
      "kind": "article",
      "number": "1",
      "heading": "Subject matter",
      "url": "https://openlegislation.uk/eu-regulation-2014-596/article-1",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/1"
    },
    {
      "path": "article/2",
      "kind": "article",
      "number": "2",
      "heading": "Scope",
      "url": "https://openlegislation.uk/eu-regulation-2014-596/article-2",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/1"
    },
    {
      "path": "article/3",
      "kind": "article",
      "number": "3",
      "heading": "Definitions",
      "url": "https://openlegislation.uk/eu-regulation-2014-596/article-3",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/1"
    },
    {
      "path": "article/4",
      "kind": "article",
      "number": "4",
      "heading": "Notifications and list of financial instruments",
      "url": "https://openlegislation.uk/eu-regulation-2014-596/article-4",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/1"
    },
    {
      "path": "article/5",
      "kind": "article",
      "number": "5",
      "heading": "Exemption for buy-back programmes and stabilisation",
      "url": "https://openlegislation.uk/eu-regulation-2014-596/article-5",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/1"
    },
    {
      "path": "article/6",
      "kind": "article",
      "number": "6",
      "heading": "Exemption for monetary and public debt management activities and climate policy activities",
      "url": "https://openlegislation.uk/eu-regulation-2014-596/article-6",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/1"
    },
    {
      "path": "chapter/2",
      "kind": "chapter",
      "number": "2",
      "heading": "INSIDE INFORMATION, INSIDER DEALING, UNLAWFUL DISCLOSURE OF INSIDE INFORMATION AND MARKET MANIPULATION",
      "url": null,
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": null
    },
    {
      "path": "article/7",
      "kind": "article",
      "number": "7",
      "heading": "Inside information",
      "url": "https://openlegislation.uk/eu-regulation-2014-596/article-7",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/2"
    },
    {
      "path": "article/8",
      "kind": "article",
      "number": "8",
      "heading": "Insider dealing",
      "url": "https://openlegislation.uk/eu-regulation-2014-596/article-8",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/2"
    },
    {
      "path": "article/9",
      "kind": "article",
      "number": "9",
      "heading": "Legitimate behaviour",
      "url": "https://openlegislation.uk/eu-regulation-2014-596/article-9",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/2"
    },
    {
      "path": "article/10",
      "kind": "article",
      "number": "10",
      "heading": "Unlawful disclosure of inside information",
      "url": "https://openlegislation.uk/eu-regulation-2014-596/article-10",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/2"
    },
    {
      "path": "article/11",
      "kind": "article",
      "number": "11",
      "heading": "Market soundings",
      "url": "https://openlegislation.uk/eu-regulation-2014-596/article-11",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/2"
    },
    {
      "path": "article/12",
      "kind": "article",
      "number": "12",
      "heading": "Market manipulation",
      "url": "https://openlegislation.uk/eu-regulation-2014-596/article-12",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/2"
    },
    {
      "path": "article/13",
      "kind": "article",
      "number": "13",
      "heading": "Accepted market practices",
      "url": "https://openlegislation.uk/eu-regulation-2014-596/article-13",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/2"
    },
    {
      "path": "article/14",
      "kind": "article",
      "number": "14",
      "heading": "Prohibition of insider dealing and of unlawful disclosure of inside information",
      "url": "https://openlegislation.uk/eu-regulation-2014-596/article-14",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/2"
    },
    {
      "path": "article/15",
      "kind": "article",
      "number": "15",
      "heading": "Prohibition of market manipulation",
      "url": "https://openlegislation.uk/eu-regulation-2014-596/article-15",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/2"
    },
    {
      "path": "article/16",
      "kind": "article",
      "number": "16",
      "heading": "Prevention and detection of market abuse",
      "url": "https://openlegislation.uk/eu-regulation-2014-596/article-16",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/2"
    },
    {
      "path": "chapter/3",
      "kind": "chapter",
      "number": "3",
      "heading": "DISCLOSURE REQUIREMENTS",
      "url": null,
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": null
    },
    {
      "path": "article/17",
      "kind": "article",
      "number": "17",
      "heading": "Public disclosure of inside information",
      "url": "https://openlegislation.uk/eu-regulation-2014-596/article-17",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/3"
    },
    {
      "path": "article/18",
      "kind": "article",
      "number": "18",
      "heading": "Insider lists",
      "url": "https://openlegislation.uk/eu-regulation-2014-596/article-18",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/3"
    },
    {
      "path": "article/19",
      "kind": "article",
      "number": "19",
      "heading": "Managers’ transactions",
      "url": "https://openlegislation.uk/eu-regulation-2014-596/article-19",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/3"
    },
    {
      "path": "article/20",
      "kind": "article",
      "number": "20",
      "heading": "Investment recommendations and statistics",
      "url": "https://openlegislation.uk/eu-regulation-2014-596/article-20",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/3"
    },
    {
      "path": "article/21",
      "kind": "article",
      "number": "21",
      "heading": "Disclosure or dissemination of information in the media",
      "url": "https://openlegislation.uk/eu-regulation-2014-596/article-21",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/3"
    },
    {
      "path": "chapter/4",
      "kind": "chapter",
      "number": "4",
      "heading": "Cooperation, professional secrecy and data protection",
      "url": null,
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": null
    },
    {
      "path": "article/22",
      "kind": "article",
      "number": "22",
      "heading": "Functions of the FCA",
      "url": "https://openlegislation.uk/eu-regulation-2014-596/article-22",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/4"
    },
    {
      "path": "article/23",
      "kind": "article",
      "number": "23",
      "heading": "Interaction with other provisions",
      "url": "https://openlegislation.uk/eu-regulation-2014-596/article-23",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/4"
    },
    {
      "path": "article/24",
      "kind": "article",
      "number": "24",
      "heading": "Cooperation with ESMA",
      "url": "https://openlegislation.uk/eu-regulation-2014-596/article-24",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "chapter/4"
    },
    {
      "path": "article/25",
      "kind": "article",
      "number": "25",
      "heading": "Obligation to cooperate",
      "url": "https://openlegislation.uk/eu-regulation-2014-596/article-25",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/4"
    },
    {
      "path": "article/26",
      "kind": "article",
      "number": "26",
      "heading": "Cooperation with third countries",
      "url": "https://openlegislation.uk/eu-regulation-2014-596/article-26",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/4"
    },
    {
      "path": "article/27",
      "kind": "article",
      "number": "27",
      "heading": "Professional secrecy",
      "url": "https://openlegislation.uk/eu-regulation-2014-596/article-27",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/4"
    },
    {
      "path": "article/28",
      "kind": "article",
      "number": "28",
      "heading": "Data protection",
      "url": "https://openlegislation.uk/eu-regulation-2014-596/article-28",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/4"
    },
    {
      "path": "article/29",
      "kind": "article",
      "number": "29",
      "heading": "Disclosure of personal data to third countries",
      "url": "https://openlegislation.uk/eu-regulation-2014-596/article-29",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/4"
    },
    {
      "path": "chapter/5",
      "kind": "chapter",
      "number": "5",
      "heading": "ADMINISTRATIVE MEASURES AND SANCTIONS",
      "url": null,
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": null
    },
    {
      "path": "article/30",
      "kind": "article",
      "number": "30",
      "heading": "Administrative sanctions and other administrative measures",
      "url": "https://openlegislation.uk/eu-regulation-2014-596/article-30",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "chapter/5"
    },
    {
      "path": "article/31",
      "kind": "article",
      "number": "31",
      "heading": "Exercise of supervisory powers and imposition of sanctions",
      "url": "https://openlegislation.uk/eu-regulation-2014-596/article-31",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/5"
    },
    {
      "path": "article/32",
      "kind": "article",
      "number": "32",
      "heading": "Reporting of infringements",
      "url": "https://openlegislation.uk/eu-regulation-2014-596/article-32",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/5"
    },
    {
      "path": "article/33",
      "kind": "article",
      "number": "33",
      "heading": "Exchange of information with ESMA",
      "url": "https://openlegislation.uk/eu-regulation-2014-596/article-33",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "chapter/5"
    },
    {
      "path": "article/34",
      "kind": "article",
      "number": "34",
      "heading": "Publication of decisions",
      "url": "https://openlegislation.uk/eu-regulation-2014-596/article-34",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/5"
    },
    {
      "path": "chapter/6",
      "kind": "chapter",
      "number": "6",
      "heading": "Regulations",
      "url": null,
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": null
    },
    {
      "path": "article/35",
      "kind": "article",
      "number": "35",
      "heading": "Exercise of the delegation",
      "url": "https://openlegislation.uk/eu-regulation-2014-596/article-35",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/6"
    },
    {
      "path": "article/36",
      "kind": "article",
      "number": "36",
      "heading": "Committee procedure",
      "url": "https://openlegislation.uk/eu-regulation-2014-596/article-36",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "chapter/6"
    },
    {
      "path": "chapter/7",
      "kind": "chapter",
      "number": "7",
      "heading": "FINAL PROVISIONS",
      "url": null,
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": null
    },
    {
      "path": "article/37",
      "kind": "article",
      "number": "37",
      "heading": "Repeal of Directive 2003/6/EC and its implementing measures",
      "url": "https://openlegislation.uk/eu-regulation-2014-596/article-37",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/7"
    },
    {
      "path": "article/38",
      "kind": "article",
      "number": "38",
      "heading": "Report",
      "url": "https://openlegislation.uk/eu-regulation-2014-596/article-38",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "chapter/7"
    },
    {
      "path": "article/39",
      "kind": "article",
      "number": "39",
      "heading": "Entry into force and application",
      "url": "https://openlegislation.uk/eu-regulation-2014-596/article-39",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "chapter/7"
    },
    {
      "path": "signature",
      "kind": "signature",
      "number": null,
      "heading": "Signature",
      "url": "https://openlegislation.uk/eu-regulation-2014-596/signature",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": null
    },
    {
      "path": "annex/I",
      "kind": "annex",
      "number": "I",
      "heading": null,
      "url": null,
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": null
    },
    {
      "path": "annex/I/division/A",
      "kind": "division",
      "number": "A",
      "heading": "Indicators of manipulative behaviour relating to false or misleading signals and to price securing",
      "url": "https://openlegislation.uk/eu-regulation-2014-596/annex-I/division-A",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "annex/I"
    },
    {
      "path": "annex/I/division/B",
      "kind": "division",
      "number": "B",
      "heading": "Indicators of manipulative behaviour relating to the employment of a fictitious device or any other form of deception or contrivance",
      "url": "https://openlegislation.uk/eu-regulation-2014-596/annex-I/division-B",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": "annex/I"
    },
    {
      "path": "annex/II",
      "kind": "annex",
      "number": "II",
      "heading": null,
      "url": "https://openlegislation.uk/eu-regulation-2014-596/annex-II",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": null
    }
  ],
  "outstanding_effects": [
    {
      "type": "revoked",
      "affected_provisions": "Regulation",
      "affecting": "ukpga/2023/29",
      "affecting_title": "Financial Services and Markets Act 2023",
      "affecting_provisions": "Sch. 1 Pt. 1"
    }
  ],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/eur/2014/596",
    "retrieved_at": "2026-10-31T17:51:52.718292+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}