A v Autorité des marchés financiers

Hearings

European Union

15 Mar 2022 (Case C-302/20); EU:C:2021:747; EU:C:2022:190; [2022] 1 WLR 3036; [2022] WLR(D) 131, ECJ (GC) (President K Lenaerts, Vice-President L Bay Larsen, Presidents of Chambers A Arabadjiev, A Prechal, K Jürimäe, C Lycourgos, N Jääskinen, I Ziemele, J Passer Judges J-C Bonichot, T von Danwitz, M Safjan, F Biltgen, A Kumin, N Wahl, Advocate General J Kokott)

Subject Matter

COMPANY — Insider dealing — Disclosure of inside information — Journalist informing two of his journalistic sources about forthcoming publication of articles reporting on rumours of takeover bids — Whether journalist making unlawful disclosure of inside information — Whether information disclosed “of a precise nature” so as to amount to “inside information” — Whether disclosure lawful — Whether disclosure made “in the normal exercise of … a profession” or “for the purpose of journalism” — Charter of Fundamental Rights of the European Union, art 11 — Parliament and Council Directive 2003/6/EC, art 1 — Commission Directive 2003/124/EC, art 1 — Parliament and Council Regulation (EU) No 596/2014, arts 10, 21

(Case C-302/20); EU:C:2021:747; EU:C:2022:190; [2022] 1 WLR 3036; [2022] WLR(D) 131, ECJ (GC)

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