On the Issue of Criminal Prosecution for Market Abuse in Russia and the EU

  • Yuliya Vladimirovna MIKHALENKO (KALININA) Moscow State Institute of International Relations of the Ministry of Foreign Affairs of the Russian Federation, Moscow, Russian Federation
  • Ekaterina Gennadievna SHADRINA Herzen State Pedagogical University of Russia, St-Petersburg, Russian Federation
  • Asel Ibragimovna RASHIDOVA Herzen State Pedagogical University of Russia, St-Petersburg, Russian Federation

Abstract

The securities market is the most attractive area for its bad-faith participants. The transactions are often accompanied by illegal use of insider information and market manipulation, that jeopardizes the economic security of the state and destructively affect the stability of the market. In this regard, the application of liability for the illegal use of insider information and market manipulation becomes an urgent issue. Using scientific research methods, the authors analyze the approaches of European and Russian lawmakers to the issue of criminal prosecution for market abuse and come to the conclusion that there is a need for an integrated approach to improving criminal liability for these offenses; propose changes in the current Russian legislation.

References

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Published
2018-06-30
How to Cite
MIKHALENKO (KALININA), Yuliya Vladimirovna; SHADRINA, Ekaterina Gennadievna; RASHIDOVA, Asel Ibragimovna. On the Issue of Criminal Prosecution for Market Abuse in Russia and the EU. Journal of Advanced Research in Law and Economics, [S.l.], v. 9, n. 4, p. 1362-1364, june 2018. ISSN 2068-696X. Available at: <https://journals.aserspublishing.eu/jarle/article/view/2834>. Date accessed: 25 feb. 2024. doi: https://doi.org/10.14505//jarle.v9.4(34).23.