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---
title: "Article 90 — Prohibition of unlawful disclosure of inside information"
type: regulation
legal_status: in_force
source: "https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:02023R1114-20240109"
shortTitle: "Article 90 — Prohibition of unlawful disclosure of inside information"
instrument_type: level1_regulation
authority: Commission
binding: true
binding_character: binding
mica_level2: false
legal_basis: Regulation (EU) 2023/1114
instrument: mica
celex: 32023R1114
text_version: "Consolidated version of 9 January 2024"
source_url: "https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:02023R1114-20240109"
check_status: matched
verified: true
last_checked: 2026-11-09
---

*In force · Consolidated version of 9 January 2024 · Verified 9 Nov 2026 · [Official source](https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:02023R1114-20240109)*

1. <a id="p-1"></a>No person in possession of inside information shall unlawfully disclose inside information to any other person, except where such disclosure is made in the normal exercise of an employment, a profession or duties.
2. <a id="p-2"></a>The onward disclosure of recommendations or inducements referred to in Article [89](89.md)(4) amounts to unlawful disclosure of inside information where the person disclosing the recommendation or inducement knows or ought to know that it was based on inside information.

***

[Title VI — Prevention and prohibition of market abuse involving crypto-assets](../titles/vi.md) · [← Article 89](89.md) · [Article 91 →](91.md)
