Price sensitive information is required to be disseminated to the stock exchange on continuous basis. To prevent the misuse of confidential information the organisation adopt the Chinese Wall Policy which separates those area of organisation which routinely have access to confidential information, considered inside areas from those areas which deal with:
(a)Sales
(b)Marketing
(c)Investment Advice
(d)Other Department providing support services, which are considered as public areas.
The Code of Conduct to prevent insider trading regulation must contain norms for appropriate Chinese wall procedures, and processes for permitting any designated person to cross the wall.
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