COREPER has approved the Presidency compromise text on the Market Abuse Regulation (MAR), part of the package to update the Market Abuse Directive (MAD 2). MAR has now been agreed with EP, and the EU institutions will now negotiate agreement on the accompanying Directive on criminal sanctions for market abuse (CSMAD), with a view to both parts of the MAD 2 package being adopted at first reading. A mark-up of the proposals shows the agreed position that EP should now adopt, subject to some final changes to reflect policy decisions reflected in the MiFID 2 package. (Source: COREPER agrees MAR and Agreed MAR position)