Insider information is “information of a precise nature, which has not been made public, relating, directly or indirectly, to one or more issuers or to one or more financial instruments, and which, if it were made public, would be likely to have a significant effect on the prices of those financial instruments or on the price of related derivative financial instruments” (MAR Art. 7).
Information is likely to have significant price impact if a “reasonable investor” would use it as part of its investment decision. In assessing what may constitute inside information, the following factors may be considered:
Information regarding an event is already classified as an event when the event has actual prospects of being realized. The following may include inside information:
Book your personal demo session today to learn more about Logwise and how you can save time and reduce MAR compliance risk. A demo session lasts for about 30 minutes and highlights the key benefits of using a digital insider list management service.
Discover the benefits of Logwise in your own time. We offer a 30-day no-obligations FREE trial period. Full support and training is included. Fill in the form and you will get access within 1-working day.
If you have any questions, please do not hesitate to contact us.