Insider trading code of conduct required for persons handling unpublished price sensitive information, with designated compliance and monitoring duties. Every listed company, intermediary and other person handling unpublished price sensitive information must formulate a Code of Conduct to regulate, monitor and report trading by designated persons and immediate relatives, adopting the minimum standards in the applicable schedules without dilution. Entities must appoint a senior compliance officer to administer the code, and the board or analogous authority must, with the compliance officer, specify designated persons based on role, access to unpublished price sensitive information, seniority and function, including promoters, senior management up to two levels below the CEO, employees of material subsidiaries and support staff with access to such information.
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Insider trading code of conduct required for persons handling unpublished price sensitive information, with designated compliance and monitoring duties.
Every listed company, intermediary and other person handling unpublished price sensitive information must formulate a Code of Conduct to regulate, monitor and report trading by designated persons and immediate relatives, adopting the minimum standards in the applicable schedules without dilution. Entities must appoint a senior compliance officer to administer the code, and the board or analogous authority must, with the compliance officer, specify designated persons based on role, access to unpublished price sensitive information, seniority and function, including promoters, senior management up to two levels below the CEO, employees of material subsidiaries and support staff with access to such information.
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