CERHA HEMPEL Managing Partner Dr. Clemens Hasenauer, LL.M./MBA commented on Article 17 (Public disclosure of inside information) and 19 (Director´s Dealings) of the European Market Abuse Regulation ((EU) No 596/2014, "MAR") together with Univ.-Prof. Dr. Susanne Kalss, LL.M. The commentary on both the Austrian Stock Exchange Act 2018 and the MAR, which has been published by Linde-Verlag, is the first Austrian commentary on these two legal acts and provides practitioners with a scientifically substantiated analysis of the relevant provisions.
The provisions on public disclosure of inside information and Director's Dealings are of great importance for issuers and their executives, not least because of the potentially significant penalties they entail. As one of the leading experts in this field, Dr. Hasenauer has been advising clients on these issues for many years and was therefore able to draw on extensive practical experience when commenting on such provisions.