Issuers are under an obligation to disclose inside information as soon as possible according to the disclosure regime in Art 17 of theMarket Abuse Regulation (MAR). The article explores what and when an issuer must disclose. The threshold for determining what constitutes inside information is low, which ensures an early application of the insider dealing regime of MAR Art 8. The low threshold includes information of an intermediate nature, which is often uncertain and consequently
likely to mislead the public if disclosed.However, the disclosure regime allows for delay to avoid this.

EB00000003905K

Available