Code of Conduct

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..... hedule C (in case of a intermediary) ] to these regulations, without diluting the provisions of these regulations in any manner. 5 [ Explanation For the avoidance of doubt it is clarified that intermediaries, which are listed, would be required to formulate a code of conduct to regulate, monitor and report trading by their designated persons, by adopting the minimum standards set out in Schedule B with respect to trading in their own securities and in Schedule C with respect to trading in other securities. ] NOTE: It is intended that every company whose securities are listed on stock exchanges and every 6 [ intermediary ] registered with SEBI is mandatorily required to formulate a code of conduct governing trading by 7 [ de .....

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..... arket may handle unpublished price sensitive information. This provision would mandate all of them to formulate a code of conduct. ] (3) Every listed company, 11 [ intermediary ] and other persons formulating a code of conduct shall identify and designate a compliance officer to administer the code of conduct and other requirements under these regulations. NOTE: This provision is intended to designate a senior officer as the compliance officer with the responsibility to administer the code of conduct and monitor compliance with these regulations. 12 [ (4) For the purpose of sub regulation (1) and (2), the board of directors or such other analogous authority shall in consultation with the compliance officer specify the des .....

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..... f. 01-04-2019 before it was read as market intermediary 2. Inserted vide SEBI/LAD-NRO/GN/2018/59 Dated 31-12-2018 w.e.f. 01-04-2019 3. Substituted vide SEBI/LAD-NRO/GN/2018/59 Dated 31-12-2018 w.e.f. 01-04-2019 before it was read as employees and other connected persons 4. Inserted vide SEBI/LAD-NRO/GN/2018/59 Dated 31-12-2018 w.e.f. 01-04-2019 5. Inserted vide SEBI/LAD-NRO/GN/2018/59 Dated 31-12-2018 w.e.f. 01-04-2019 6. Substituted vide SEBI/LAD-NRO/GN/2018/59 Dated 31-12-2018 w.e.f. 01-04-2019 before it was read as market intermediary 7. Substituted vide SEBI/LAD-NRO/GN/2018/59 Dated 31-12-2018 w.e.f. 01-04-2019 before it was read as its em .....

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