Code of conduct for foreign portfolio investors mandates integrity, confidentiality and prohibits insider trading and market manipulation. The Code of conduct prescribes binding behavioural and compliance obligations for foreign portfolio investors, requiring integrity, due diligence, confidentiality of trades, truthful disclosures to the depository participant and Board, maintenance of segregation between client and proprietary funds and securities, arm's length separation of fund management from other business, adherence to corporate governance and regulatory instruments, and explicit prohibitions on fraudulent or manipulative transactions, creation of false markets, price rigging, passing price sensitive information, and insider trading by the investor or related persons.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Code of conduct for foreign portfolio investors mandates integrity, confidentiality and prohibits insider trading and market manipulation.
The Code of conduct prescribes binding behavioural and compliance obligations for foreign portfolio investors, requiring integrity, due diligence, confidentiality of trades, truthful disclosures to the depository participant and Board, maintenance of segregation between client and proprietary funds and securities, arm's length separation of fund management from other business, adherence to corporate governance and regulatory instruments, and explicit prohibitions on fraudulent or manipulative transactions, creation of false markets, price rigging, passing price sensitive information, and insider trading by the investor or related persons.
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