RTS for preventing and reporting abusive practices or suspicious transactions (EU 596/2014)

This regulation sets out the technical standards and templates that financial firms must use to prevent and report market abuse. It ensures that suspicious orders and transactions are detected and reported to authorities in a consistent way across the EU to maintain fair and transparent financial markets.

Financial institutions, stock exchanges, and investment firms are affected. They must implement specific systems and procedures to monitor trading activity and use standardized templates when notifying regulators of potential market manipulation or insider dealing.