[ad_1]
Sebi decided on Wednesday to bring the transactions of promoters and directors of listed companies in listed debt securities under the control of the system.
Exchanges and custodians will arrange for information relating to listed debt securities as well as equities and equity derivatives to be made available on the websites of the respective exchanges from July 1, Sebi said in a statement. circular.
System-induced disclosures have already been implemented for members of the promoter group, promoters, directors and designate of a listed company under insider trading standards.
The information concerns the trading of shares and derivative instruments on shares – futures and options – of the listed company by these entities.
Information relating to the equity and equity derivatives segments is posted on the exchange’s website under the heading “System-Driven Disclosures”.
It has now been decided to include listed debt securities of publicly traded companies as part of the system-driven disclosures for these entities, Sebi said.
In July 2020, Sebi changed the insider trading standards, according to which listed entities will be required to maintain a structured digital database containing unpublished price sensitive information, names of people who shared the information, automation of the process for filing disclosures on exchanges and the restriction. on the trading window.
(Only the title and image of this report may have been reworked by Business Standard staff; the rest of the content is automatically generated from a syndicated feed.)
Dear reader,
Business Standard has always strived to provide up-to-date information and commentary on developments that matter to you and have broader political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering has only strengthened our resolve and commitment to these ideals. Even in these difficult times resulting from Covid-19, we remain committed to keeping you informed and updated with credible news, authoritative views and cutting edge commentary on relevant current issues.
However, we have a demand.
As we fight the economic impact of the pandemic, we need your support even more so that we can continue to provide you with more quality content. Our subscription model has received an encouraging response from many of you who have subscribed to our online content. More subscriptions to our online content can only help us achieve the goals of providing you with even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practice the journalism to which we are committed.
Support quality journalism and subscribe to Business Standard.
Digital editor
[ad_2]
Source link
