Question

As per Reg 5G of SEBI (Prohibition  of  Insider Trading) Regulations, 2015 , who among the non-executive directors is considered a Designated Person?

A Those who have access to unpublished price sensitive information Correct Answer Incorrect Answer
B Those who hold a professional designation Correct Answer Incorrect Answer
C Those who are senior employees in the organization Correct Answer Incorrect Answer
D All non-executive directors are considered Designated Persons Correct Answer Incorrect Answer
E None of the above Correct Answer Incorrect Answer

Solution

As per Reg 5G- Non-Executive Directors of the asset management company/trustee company or trustees who are in possession of / have access to any “unpublished price sensitive information", shall also be deemed to be Designated Persons.

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