ECON has started discussions on the proposals to amend the Market Abuse Directive. The rapporteur, Arlene McCarthy, argued that both criminal and administrative sanctions for breach should apply. MEPs discussed the definition of inside information, the proposals on whistle-blowing, and surveillance. Ms McCarthy's draft report is to be tabled on 26 March. The deadline for amendments is 24 April, and the committee vote will follow in July. (Source: ECON Starts MAD Debate)