https://www.taxtmi.com/acts?id=41040 The Chief Executive Officer or Managing Director of an asset management company must, with trustee approval, implement adequate and effective internal controls to prevent insider trading, including identifying all employees with access to unpublished price sensitive information as Designated Persons, maintaining confidentiality and restrictions on communication, keeping lists of recipients with confidentiality obligations, conducting periodic reviews, and ensuring compliance. Boards and audit committees must oversee and review compliance, and asset management companies must adopt inquiry procedures for leaks, inform the regulator of leaks and inquiry outcomes, maintain a whistle blower policy, and secure cooperation from intermediaries and fiduciaries during inquiries. en-us Sat, 26 Nov 2022 11:39:03 +0530 Wed, 14 Aug 2024 14:25:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=41040 The Chief Executive Officer or Managing Director of an asset management company must, with trustee approval, implement adequate and effective internal controls to prevent insider trading, including identifying all employees with access to unpublished price sensitive information as Designated Persons, maintaining confidentiality and restrictions on communication, keeping lists of recipients with confidentiality obligations, conducting periodic reviews, and ensuring compliance. Boards and audit committees must oversee and review compliance, and asset management companies must adopt inquiry procedures for leaks, inform the regulator of leaks and inquiry outcomes, maintain a whistle blower policy, and secure cooperation from intermediaries and fiduciaries during inquiries. Act-Rules SEBI Sat, 26 Nov 2022 11:39:03 +0530 https://www.taxtmi.com/acts?id=41040