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Liechtenstein should assist Greek insider-trading probe, EFTA Court rules

( May 9, 2014, 10:28 GMT | Official Statement) -- MLex Summary: Liechtenstein’s securities authority should assist fellow European market supervisor in a probe of possible insider trading, without requiring that supervisor to explain the source of its suspicions, the EFTA Court today ruled. Greece’s market watchdog had brought a complaint that Liechtenstein’s Financial Market Authority declined to help identify the clients of a bank in the country that bought shares of a Greek company amid market turmoil last summer.The judgment in case E-23/13 Hellenic Capital Market Commission (HCMC) v Detail is attached....

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