Prevention of market abuse: MIIs must implement codes, internal controls and whistleblower protections to monitor trading and inquiries. MIIs must adopt a Code of Conduct and Institutional Mechanism to prevent fraud and market abuse, including framing codes by the MD/CEO, appointment of a compliance officer, designation of persons with access to unpublished price sensitive information, implementation of internal controls, Board and Regulatory Oversight Committee review, written inquiry procedures for suspected misconduct, prompt initiation and reporting of inquiries, and an effective whistleblower policy with protections; listed MIIs must follow specified schedules for trading in own and other securities.
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.
Prevention of market abuse: MIIs must implement codes, internal controls and whistleblower protections to monitor trading and inquiries.
MIIs must adopt a Code of Conduct and Institutional Mechanism to prevent fraud and market abuse, including framing codes by the MD/CEO, appointment of a compliance officer, designation of persons with access to unpublished price sensitive information, implementation of internal controls, Board and Regulatory Oversight Committee review, written inquiry procedures for suspected misconduct, prompt initiation and reporting of inquiries, and an effective whistleblower policy with protections; listed MIIs must follow specified schedules for trading in own and other securities.
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