ESMA has published an updated version of its Q&As on the Market Abuse Regulation. The updated version includes new Q&As on: (i) Managers' transactions in section 2 in relation to currency exchange rates; and (ii) Investment recommendations in section 3 in relation to (a) whether  certain oral or electronic communications can be deemed investment recommendations, (b) whether communications not referring to financial instruments can be considered investment recommendations, (c) indirect investment proposals and (d) whether material containing an estimated value can be considered an investment recommendation. ESMA previously updated the Q&As in July 2016.