--- title: "Article 10 — Unlawful disclosure of inside information" type: regulation legal_status: in_force source: "https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:02014R0596-20260605" source_retrieved: 2026-10-01 shortTitle: "Article 10 — Unlawful disclosure of inside information" instrument_type: level1_regulation authority: Commission binding: true binding_character: binding mica_level2: false legal_basis: "Regulation (EU) No 596/2014" instrument: mar celex: "32014R0596" regulation: MAR regulation-full: "Regulation (EU) No 596/2014" article: 10 status: in_force object_id: eu.mar.legal_text.article.10 text_version: "Consolidated version of 5 June 2026" source_url: "https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:02014R0596-20260605" check_status: matched verified: true last_checked: 2026-10-26 --- *In force · Consolidated version of 5 June 2026 · Checked against EUR-Lex on 26 Oct 2026 · [Official source](https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:02014R0596-20260605)* 1. For the purposes of this Regulation, unlawful disclosure of inside information arises where a person possesses inside information and discloses that information to any other person, except where the disclosure is made in the normal exercise of an employment, a profession or duties. This paragraph applies to any natural or legal person in the situations or circumstances referred to in [Article 8(4)](8.md). 2. For the purposes of this Regulation the onward disclosure of recommendations or inducements referred to in [Article 8(2)](8.md) amounts to unlawful disclosure of inside information under this Article where the person disclosing the recommendation or inducement knows or ought to know that it was based on inside information. *** [Chapter 2 — Inside information, insider dealing, unlawful disclosure of inside information and market manipulation](../chapters/2.md) · [← Article 9](9.md) · [Article 11 →](11.md)