1.
MAR
This Regulation does not apply to transactions, orders or behaviour, in pursuit of monetary, exchange rate or public debt management policy by: a Member State; the members of the ESCB; a ministry, agency or special purpose vehicle of one or several Member States, or by a person acting on its behalf; in the case of a Member State that is a federal state, a member making up the federation.
Cited at article level by
DIRECTIVE 2014/57/EU OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL of… (EU) — sign in to see which provisions, and what they say.
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Source: EUR-Lex (Cellar) · retrieved 2026-09-25 · Text as adopted (Official Journal); later amendments are not incorporated in this text.