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Europe Daily Bulletin No. 7980

9 June 2001
Contents Publication in full By article 25 / 40
GENERAL NEWS / (eu) court of justice
Insider trading in Belgium, water pollution in the Escaut, citizen and consumer, rucksacks and baby-carriers, packaging of dates

Luxembourg, 08/06/2001 (Agence Europe) - The Court of First Instance of Ghent will itself have to put an end to an uncertainty surrounding the Belgian law of 1990 on insider trading. Belgium punishes an insider trader who has unintentionally exploited privileged information, whereas the European directive of 1959 demands that he had deliberately wanted to exploit this information. The Belgian legislation is thus more severe than the directive but may be authorized on condition that this...

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