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New Insider Trading Law (Policy and Guidelines for members)
New Insider Trading Law (Policy and Guidelines for members) - the Executive has spent considerable time over the past few months developing guidelines and a template policy document to assist companies in complying with the insider trading laws. In addition, we are delighted that the Securities Commission has supported the Association's development of these documents and the letter from them is also attached. We have undertaken extensive research on the policies used by Australian listed companies (where a similar law exists) and in canvassing the opinions of all members of our Executive to ensure we have taken a practical approach to this matter. Whilst no single policy document can be developed for every company, we strongly encourage companies to use these tools in preparing their own documents. This is something that you need to start considering with your Boards soon as the law is expected to become effective in December.
Download PDF (4 MB)
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