Section 249

Listed companies and publicly tradable companies shall, in the list of persons that have access to insider information, state that the persons listed have acknowledged the requirements of this Part related to the prohibition to conclude transactions with the use of insider information (and to advise the persons to whom they provide insider information).

Persons discharging managerial responsibilities within a listed company or a publicly tradable company which is an issuer of securities and, where applicable, persons closely associated with them, shall notify the Authority of transactions conducted on their own account relating to the securities of the listed company or publicly tradable company.

Listed companies and publicly tradable companies must ensure that access to information concerning transactions in securities is available to the public as soon as possible.

1411

Without prejudice to the provisions of section 248, the Authority may make regulations to regulate -

(a} persons who produce or disseminate research concerning securities or issuers of securities; and

(b} persons who produce or disseminate other information recommending or suggesting investment strategy, intended for distribution channels or for the general public.

The regulated market shall adopt structural provisions, operating procedures, and surveillance techniques to detect and prevent insider trading and market abuse practices according to the regulations made hereunder.

Supplying auditors with false or misleading information.