Institutional Mechanism for Prevention of Insider trading

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..... irector of an asset management company with the approval of the trustee or such other analogous person of an intermediary or fiduciary, shall put in place adequate and effective system of internal controls to ensure compliance with the requirements given in these regulations to prevent insider trading. These internal controls shall include the following: (a). All employees who have access to unpub .....

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..... ard of directors of an asset management company and the board of directors or head(s) of the organisation of intermediaries and fiduciaries, shall also ensure that the Chief Executive Officer or the Managing Director or such other analogous person complies with these regulations. (3) The Audit Committee of an asset management company or such other analogous body of an intermediary or fiduciary sha .....

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..... cy that is brought to the notice of their employees to enable them to report instances of leak of such unpublished price sensitive information . (6) In case an inquiry has been initiated by an asset management company/ trustees in case of leak of unpublished price sensitive information or suspected leak of unpublished price sensitive information, the relevant intermediaries and fiduciaries shall c .....

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