Insider trading amendment removes a regulation provision, altering compliance obligations and pre clearance requirements for insiders. The amendment removes clause (a) of sub regulation (1) of regulation 7 from the Prohibition of Insider Trading Regulations, with the change taking effect on publication in the Official Gazette; persons subject to the Regulations must adjust compliance processes and practices predicated on the removed clause.
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Provisions expressly mentioned in the judgment/order text.
Insider trading amendment removes a regulation provision, altering compliance obligations and pre clearance requirements for insiders.
The amendment removes clause (a) of sub regulation (1) of regulation 7 from the Prohibition of Insider Trading Regulations, with the change taking effect on publication in the Official Gazette; persons subject to the Regulations must adjust compliance processes and practices predicated on the removed clause.
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