Published: 02.10.2019.

Deadline for Submission: 18.10.2019.

Project description:

The scope of PLAC III project is to provide support to relevant national institutions in charge of alignment of national legal acts with the Union acquis and to contribute to further building of capacities of relevant national structures for successful carrying out of accession negotiations.

The PLAC III project should achieve two results:
RESULT 1 – Enhanced compatibility of national legislation with EU legislation and its effective implementation
RESULT 2 – Enhanced capacities of the relevant national structures for successful carrying out of accession negotiations

One (1) Senior Non-Key Expert in the area of Negotiating Ch. 9, Financial
Services, Market abuse and criminal sanctions for market abuse

Specific objectives
The specific objective of this assignment is to provide expert assistance to the beneficiaries to conduct oversight in
accordance with Directive 2014/57/EU on criminal sanctions for market abuse, Regulation 596/2014 on market abuse
and to train employees of beneficiaries through workshops (four days for MAD and MAR, including best practices in
the area) for all relevant institutions.

Requested services
The Senior NKE in the area of investment services is expected to provide the following services:
 Assist the beneficiary in drafting the Securities Commission (SEC) procedures for conducting the oversight in
accordance with MAD and MAR and transposing Directive 2014/57/EU and Regulation No 596/2014/EU
especially the following areas of MAD and MAR regimes: 1. delaying disclosure of inside information, 2. criteria for setting the fines for market abuses and 3. market sounding and provide on the job training by providing the
technical and legal advice on the substantial changes made by new acquis in accordance with Criminal sanctions
for Market Abuse Directive 2014/57/EU (MAD) and Regulation 596/2014 on Market Abuse (MAR),
Organise and conduct a training for the SEC employees in charge of oversight in accordance with Criminal
sanctions for Market Abuse Directive 2014/57/EU (MAD) and Regulation 596/2014/EU on Market Abuse (MAR)
with an overview of best practices in the area

Outputs

The Senior NKE is expected to deliver the following outputs:
a) Procedures for conducting oversight in accordance with the listed acquis drafted and on the job training
conducted
b) Training delivered

Expert’s Profile:

Expert’s Profile – Senior NKE

 Qualifications and skills (25 points)
• A level of education, which corresponds to completed university studies of at least 3 years attested by a
diploma such as law, economy, finance or similar, relevant to the assignment
• Proficiency in English language
• Computer literacy
• Be proficient in report drafting
• Excellent communication and analytical skills
• Be independent and free from conflicts of interest in the responsibilities they take on
 General professional experience (25 points)
• At least 8 (eight) years of general postgraduate professional experience in harmonisation of legislation in
relation to Union acquis and related to Chapter 9, Financial Services
Specific professional experience (50 points)
• Minimum 3 years of professional experience in the field of financial and investment services gained in an EU
member state, candidate or potential candidate country
• Knowledge and/or experience with Directive 2014/57/EU (MAD) on criminal sanctions for market abuse and
Regulation 596/2014 (MAR) on market abuse would be an advantage
• Knowledge of the legal system of the Republic of Serbia would be an advantage

The SNKE has to deliver 100% of the input in Belgrade, Serbia.