Insider Trading – Capital Markets (Singapore)

Description

Insider trading law and the heavy penalties that apply

Conducting financial business is a complex process, and market sensitive information is routinely dealt with by financial professionals, exposing them to the risk of insider trading. Penalties for insider trading include very heavy fines and lengthy terms of imprisonment.

Equal information access is critical in maintaining public confidence in Singapore’s capital markets. The ineffective handling of market sensitive information can impact the reputation and integrity of Singapore’s financial markets.

Insider trading is unlawful under the Singapore Securities and Futures Act 2001 (the SFA).

SGX Trading Rule 5.12.7 also prohibits insider trading and knowingly assisting a person in such conduct.

In this two-module course, we take an in-depth look at Singapore’s insider trading laws. The training continues by looking at strategies for financial professionals to avoid breaching these laws, and
the rules they should follow when dealing in their institution’s securities and financial products.

The lesson provides scenarios on issues that may arise for professionals in the Capital Markets sector. These practical examples empower employees to act in line with their legal and ethical obligations.

Consumers who are in persistent debt, or repeatedly making low repayments, are profitable for credit providers. However, providers have obligations to conduct themselves efficiently,
honestly and fairly..

– ASIC Report 580: Credit card lending in Australia

 

About the Financial Training Scheme (FTS)

This course is recognised under the Financial Training Scheme (FTS) and is eligible for FTS claims subject to all eligibility criteria being met.

Please note that in no way does this represent an endorsement of the quality of the training provider and course. Participants are advised to assess the suitability of the course and its relevance to his/her business activities or job roles.

The FTS is available to eligible entities based on the prevalent funding eligibility, quantum and caps. FTS provides 30% – 70% course fee subsidy support for direct training costs subject to a cap of S$500 per candidate per course subject to all eligibility criteria being met.

Find out more on www.ibf.org.sg

Our Insider Trading Singapore – Capital Markets Course is part of our growing suite of Singapore Courses.