Market abuse definitions classify insider trading, material non-public information, fraudulent conduct, connected persons, securities dealing and mule accounts. Market abuse includes insider trading and manipulative, fraudulent and unfair trade practices. An insider is a connected person or a person possessing or ... Summary
International Financial Services Centres Authority Act, 2019
Market abuse definitions classify insider trading, material non-public information, fraudulent conduct, connected persons, securities dealing and mule accounts.
Market abuse includes insider trading and manipulative, fraudulent and unfair trade practices. An insider is a connected person or a person possessing or having access to material non-public information. Such information is non-generally available information relating to an entity or its securities that is likely to materially affect securities prices upon public dissemination, including financial results, significant transactions, defaults, insolvency matters, forensic audits, regulatory action and material litigation. Fraud covers deceptive conduct intended to induce securities dealings, while good-faith general economic comments are excluded.
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