While company spokespeople will often try to minimize such scandals by placing blame on a few bad actors, what is clear in many cases is that something in the company’s corporate culture has encouraged or allowed the problematic behaviors to exist. Writing for the Brookings Institute, Larry D. Thomson described corporate culture as, “a web of attitudes and practices that tends to replicate and perpetuate itself beyond the tenure of any one individual manager.” If corporate reputation is the story outsiders are telling each otherabout your company, then corporate culture is the story insiders are telling themselves about the company. Framing this story is an important part of creating a productive, positive place for your company and employees.
Market abuse is defined as behavior that intentionally harms the integrity of markets. Most frequently, this takes two forms: insider trading and market manipulation. Insider trading is well known as the use of knowledge not available to other investors in order to profit from trading in financial instruments.
Blueprint OneWorld’s Insider Manager software offers a number of elegant and practical solutions to the problems of MAR compliance. It allows batch adding and editing of insider subscriptions, tracks details of close periods, projects and permanent sections with their associated insiders, and the efficient production of MAR reports for regulation authorities.