What Is an Insider Law Audit and Why Is It Important?
Companies operating in the securities market routinely handle confidential information that may influence investment decisions and security prices. Financial results, mergers, acquisitions, major contracts, fundraising decisions, restructuring plans, dividend proposals, and other sensitive developments may remain confidential until formally disclosed. If such information reaches an unauthorised person or someone trades while possessing material non-public information, the consequences can be serious. An Insider Law Audit examines whether an organisation has appropriate policies, controls, records, monitoring systems, and internal procedures to prevent insider trading and protect Unpublished Price Sensitive Information (UPSI). For Indian listed companies and other entities covered by applicable securities regulations, regular reviews can identify compliance weaknesses before they develop into regulatory, financial, or reputational problems. What Exactly Is an Insider Law Audit?...