| Abstract [eng] |
The aim of the research is to examine and evaluate the validity and conditions for the application of the civil tort liability for market abuse and money laundering actions. This aim is implemented by invoking doctrinal positions and case law of Republic of Lithuania and foreign countries courts, also by studies, accomplished by financial market regulators. In the first part of the research, conditions of tort liability for market abuse and money laundering actions are analyzed, according to national, regional and international laws, including considerations of the relationship of the relevant actions. In the second part of the research, specificity of tort civil liability for market abuse and money laundering actions is analyzed, including an identification of persons, who are entitled to bring an action for damages, for the indicated actions. In the third part of the research, the importance and significance of the application of civil tort liability for market abuse and money laundering actions is revealed, by determining the impact of the applied liability to the market abuse and money laundering prevention. The conclusion is that torts of market abuse and money laundering are directly related to each other, thus, they must be analysed by combining them together. Legislation, regulating analized actions, provides legal preconditions for bringing an action for damages. The application of tort civil liability, for actions indicated, is complicated, taking into account the difficulties of determining its conditions, but is neccessary, in order to strengthen the prevention mechanism of analized actions. |
