Workshop on “Insights on Insider Trading and Related Party Transactions”

June 16, 2018 | ICSI House, Chennai

The School for Corporate Governance (SCG) of the National Institute of Securities Markets (NISM) along with the Institute of Company Secretaries of India – Southern India Regional Council (ICSI-SIRC) had conducted a One-Day Joint Workshop on “Insights on Insider Trading and Related Party Transactions” on June 16, 2018 at ICSI House, Chennai.

The objective of the Workshop was to provide the Compliance Officers of listed companies with a clear understanding of the nuances of Insider Trading and Related Party Transactions as envisaged under the SEBI (Prohibition of Insider Trading) Regulations, 2015 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

CS Mohan Kumar A, Vice-Chairman & Vice Chairperson, ICSI-SIRC welcomed the participants to the Workshop and requested them to take the benefits out of the knowledge and rich experience of the faculty members.

Dr.M.Thenmozhi, Director, NISM, inaugurated the Workshop and spoke about the role and responsibilities of Compliance Officers and highlighted the emergence of compliance function as an area of greater focus in recent times. The Director also highlighted the need for the compliance officers to get updated with the latest developments in the regulatory space especially in the area of insider trading and related party transactions through a practical approach. She also emphasized that compliance is absolutely non-negotiable and that this belief has to find roots at the top and steadily percolate to all levels in a listed company.

Shri V S Sundaresan, Chief General Manager, SEBI, elucidated the participants with the nitty-gritties of the regulatory measures brought out by SEBI for prohibition of insider trading under the SEBI (Prohibition of Insider Trading) Regulations, 2015. Shri Sundaresan also enlightened the participants with illustrative case studies from domestic and international markets. span>

Shri Eshwar Sabapathy, Managing Partner, Eshwars House of Corporate & IPR Laws, explained to the participants about the nuances of related party transactions under the Companies Act, 2013.

Shri M Krishnamoorthy, Member of Faculty, NISM, updated the participants with the nitty-gritties of related party transactions under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The Workshop concluded with a Vote of Thanks by CS Dhanapal S, Secretary and Ms.Sarah Arockiasamy, Joint Secretary, ICSI-SIRC.