CmaBylaw
Executive Bylaws
3-2-1 Of Module Ten: Disclosure and Transparency
Section: Chapter One: Scope of Application and General Provisions
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Sunday, 12 February 2017
A Listed Company shall take procedures to limit the potential misuse of Inside Information as follows: 1. To maintain strict confidentiality of its Inside Information by taking adequate measures to maintain the confidentiality when dealing with such Inside Information, except as stipulated by disclosure requirements pursuant to the Law and these Bylaws. 2. To take adequate measures for maintaining confidentiality of Inside Information related to its clients. 3. To prepare and maintain effective contractual arrangements that bind any third party who gains knowledge of Inside Information related to the company or its clients to maintain the confidentiality of that Inside Information and not to misuse it or transfer it, or cause it to be transferred directly or indirectly to other Persons, or urge others to deal in Securities based on that Inside Information. 4. To keep at all times an updated record for the dealings of its Insiders in the securities of that company. 5. To get an acknowledgment from all its Insiders comprising the following: a. The Insider in the Listed Company is aware that he holds Inside Information related to the company and its clients and that he is included in the Insiders in a Listed Company Watch list. b. He is liable for the legal consequences of his exposure to Inside Information of the Listed Company and its Clients, and that he is fully aware of the consequential penalties of misuse or improper handling of such Inside Information. c. The Insider in the Listed Company shall notify the Listed Company of any dealings in its Securities, or those of the Parent Company or any Subsidiary Companies, before and after executing those dealings.
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