MIE-A.1.10

Chapter 1 of Part 5 of the CBB Law (Articles 97-105) defines insiders, inside information and market information, prohibits abuse of inside information, and provides defences. Particularly, Article 99 provides the CBB with the power to issue regulations concerning the necessary procedures and controls of publishing market information. Article 100 states that: "A person who is in possession of inside information, as an insider shall not use such information to:

(1) Deal in any securities to which that information relates.
(2) Encourage any person to deal in any securities to which that information relates.
(3) Disclose inside information to any other person, otherwise than in the proper performance of the functions of his employment, office or profession.
(4) Violate the rules governing the publishing of market information."
Amended: July 2021