5.1.1. Conduct amounting to Market Abuse

The following conduct, wherever it occurs and whether engaged or participated in directly or indirectly, amounts to Market Abuse for the purposes of section 86 of the Framework Regulations:

• (a) unlawful disclosure of Inside Information;
• (b) engaging or attempting to engage in Insider Dealing;
• (c) recommending that another Person engage in Insider Dealing;
• (d) inducing another Person to engage in Insider Dealing; and
• (e) engaging or attempting to engage in Market Manipulation.

5.1.2. Conduct not amounting to Market Abuse

The following conduct does not amount to Market Abuse for the purposes of section 86 of the Framework Regulations:

(a) disclosure of Inside Information made in the course of a Market Sounding;

(b) the behaviour described in MAR 5.3.4 to 5.3.6; and

(c) accepted market practices established under MAR 5.4.4.

(d) conduct of another activity which occurs outside the AIFC unless it affects the AIFC markets or their users.