Question
What is the purpose of identifying employees as
Designated Persons under the internal control system, as per Reg 5H of SEBI (Prohibition of Insider Trading) Regulations, 2015?ÂSolution
As per Reg 5H- (1) The Chief Executive Officer / Managing Director of an asset management company with the approval of the trustee or such other analogous person of an intermediary or fiduciary,shall put in place adequate and effective system of internal controls to ensure compliance with the requirements given in these regulations to prevent insider trading. These internal controls shall include the following:(a).All employees who have access to unpublished price sensitive information are identified as DesignatedPersons;(b).All the unpublished price sensitive information shall be identified and its confidentiality shall be maintained as per the requirements of these regulations;(c).Adequate restrictions shall be placed on communication or procurement of unpublished price sensitive information as required by these regulations;(d).Lists of all employees and other persons with whom unpublished price sensitive information is shared shall be maintained and confidentiality agreements shall be signed or notice shall be served to all such employees and persons;(e).Periodic process review to evaluate effectiveness of such internal controls;(f).Compliance of all other relevant requirements specified under these regulations.
Which of the following is an example of a compound sentence?
In the question below, four sentences are given which may or may not contain an error. Choose the one that is grammatically correct and meaningful. If ...
Villagers killed two people transporting cattle in the state less then two weeks ago.
...I. Students should get used to one of the formats as it will help them during their research.
II. Would you mind doing the chores today as I d...
Forest land is now only 26 per cent of the total land area in Asia and the Pacific pull together .
 In the following questions two statements have been given with connectors given below. You have to select an option that could connect both sentence...
We do our first delivery in organic cotton bags, who they encourage subscribers to reuse.
...In the question below, a word is given, followed by four statements. From the options, choose the one that provides the combination of statements that ...
In the question below, a statement has three words highlighted in bold, which may or may not be correctly used. You are required to choose from the opt...
It’s estranged that , on any given day, ten thousand species are being given between the world just in the ballast water of our supertankers.
...
