The British Bankers' Association and the International Capital Markets Association have published a joint response to the Commission's Call for Evidence on the review of the Market Abuse Directive 2003/6/EC. While supportive of the Directive the submissions refer to the lack of harmonisation which results from the wording of the Directive and also the second level measures and states that this has created unnecessary burdens on market participants that operate on a cross border basis in attempting to comply with the Directive.