Topic Information obligations for issuers Legal consequence
Article from Issuer Guidelines published by the Federal Financial Supervisory Authority
The legal consequence of compliance with Article 11 of the MAR is an exemption from the prohibition of disclosure under point (c) of Article 14 of the MAR. However, privileged treatment under Article 11 of the MAR does not exempt the market participants concerned (DMP, MSR) from the prohibition of insider dealing under point (a) of Article 14 of the MAR. In addition, the MSR in particular continues to be subject to the prohibition of disclosure under point (c) of Article 14 of the MAR.
