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John Price, Commissioner
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Employee share trading – listed entities should have effective share trading policies in place to minimise the risk of insider trading. |
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John Price, Commissioner
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ASIC releases report on confidential information – The integrity of our financial markets depends on all investors having access to market-sensitive information about listed entities at the same time. |
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John Price, Commissioner
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Analyst briefings – The leakage of material information about a listed entity ahead of a market announcement threatens market integrity. |
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John Price, Commissioner |
Continuous disclosure – Continuous disclosure by listed companies is one of the key foundations of market integrity. |
Handling corporate information
Continuous disclosure
The continuous disclosure obligations in the Corporations Act 2001 are fundamental to maintaining the integrity of the market by ensuring transparency and equal access to information.
Listed companies must disclose material price sensitive information on a timely basis and comply with listing rules of the relevant market.
ASIC can issue infringement notices for breaches of these obligations.
Handling of confidential information
Listed companies must take responsibility for the management of their confidential information. Poor practices in relation to the handling of confidential price sensitive information can negatively affect market integrity, reputation, jeopardise the success of a transaction and may lead to ASIC action.