Insider dealing: law and practice
Saved in:
| Main Author: | |
|---|---|
| Format: | Book |
| Language: | English |
| Published: |
Oxford
Oxford Univ. Press
2013
|
| Edition: | 1. ed. |
| Subjects: | |
| Online Access: | Contributor biographical information Publisher description Table of contents only Inhaltsverzeichnis |
| Physical Description: | XXXII, 335 S. graph. Darst. |
| ISBN: | 0199672954 9780199672950 |
Staff View
MARC
| LEADER | 00000nam a2200000 c 4500 | ||
|---|---|---|---|
| 001 | BV042640474 | ||
| 003 | DE-604 | ||
| 005 | 20150714 | ||
| 007 | t | ||
| 008 | 150625s2013 xxkd||| |||| 00||| eng d | ||
| 010 | |a 013937376 | ||
| 020 | |a 0199672954 |9 0-19-967295-4 | ||
| 020 | |a 9780199672950 |9 978-0-19-967295-0 | ||
| 035 | |a (OCoLC)913869006 | ||
| 035 | |a (DE-599)BVBBV042640474 | ||
| 040 | |a DE-604 |b ger |e aacr | ||
| 041 | 0 | |a eng | |
| 044 | |a xxk |c GB | ||
| 049 | |a DE-739 | ||
| 050 | 0 | |a KD1777.I58 | |
| 084 | |a PT 425 |0 (DE-625)139896: |2 rvk | ||
| 100 | 1 | |a Clarke, Sarah |e Verfasser |0 (DE-588)1054608989 |4 aut | |
| 245 | 1 | 0 | |a Insider dealing |b law and practice |c Sarah Clarke |
| 250 | |a 1. ed. | ||
| 264 | 1 | |a Oxford |b Oxford Univ. Press |c 2013 | |
| 300 | |a XXXII, 335 S. |b graph. Darst. | ||
| 336 | |b txt |2 rdacontent | ||
| 337 | |b n |2 rdamedia | ||
| 338 | |b nc |2 rdacarrier | ||
| 650 | 4 | |a Recht | |
| 650 | 4 | |a Insider trading in securities |x Law and legislation |z Great Britain | |
| 651 | 4 | |a Großbritannien | |
| 856 | 4 | |u http://www.loc.gov/catdir/enhancements/fy1410/2013937376-b.html |3 Contributor biographical information | |
| 856 | 4 | |u http://www.loc.gov/catdir/enhancements/fy1410/2013937376-d.html |3 Publisher description | |
| 856 | 4 | |u http://www.loc.gov/catdir/enhancements/fy1410/2013937376-t.html |3 Table of contents only | |
| 856 | 4 | 2 | |m Digitalisierung UB Passau - ADAM Catalogue Enrichment |q application/pdf |u http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=028072867&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |3 Inhaltsverzeichnis |
| 999 | |a oai:aleph.bib-bvb.de:BVB01-028072867 | ||
Record in the Search Index
| _version_ | 1804174824242675712 |
|---|---|
| adam_text | CONTENTS
XIX
Table of Cases
Table of Legislator
List of Abbreviations
1. Introduction to Insider Dealing
1. Introduction
2. What is insider dealing in practical terms?
3. The value of information in determining pricing
4. The prevalence of insider dealing in the UK today
2. Trading on the Financial Markets- -Essential Principle:
for Insider Dealing Cases
1. Introduction
2. Shares
3. UK stock exchanges
4. Availability of information and stock market pricing
5. The price of shares
6. Investors
7. Contracts for difference
8. Spread bets
3* A. History of Insider Oealiup՛ tiOrdoJatioo h* the UK
1. Introduction
2. Relevant: developments in the US
3. Economic theory
4. 1 he UK’s response to insider dealing
4, The European insider .Dealing Directive
1. Introduction
XXV
xxxi
1.01
1,02
I. J 3
1.22
2.01
2.02
2.11
2.16
2.23
2.2 6
2.33
2.47
3.0)
3.02
3.03
3.12
4.01
xi
Contents
2. The Relationship between the Insider Dealing Directive
and Part V of the CJA 4.02
3. The background to the Insider Dealing Directive 4.04
4. The Proposal 4.08
5. The Insider Dealing Directive—Recitals 4.25
5. Part V of the Criminal Justice Act 1993: The Criminal Offences
(s 52 CJA)
1. Introduction 5.01
2. Part V of the CJA֊ an overview 5.02
3. The offence 5.07
4. Insider dealing (s 52(1) CJ A) (the primary offence) 5.16
5. The secondary offences 5.21
6. Inside Information (s 56 CJA)
1. Introduction 6.01
2. The statutory definition of inside information 6.02
3. Identifying the inside information 6.03
4. Relating to particular securities or issuers (s 56(l)(a) CJA) 6.10
5. Specific or precise (s 56(1 )(b) CJA) 6,22
6. Information which has not been ‘made public’ (s 56(l)(c) CJA) 6.64
7. The evidential practicalities of proving that information has not
been ‘made public’ 6.95
8. Likely to have a ‘significant effect’ on price (s 56(l)(d) CJA) 6.11 1
9. Price-affected securities 6.129
/. Insiders (s 57 CJA.)
1. Introduction 7.01
2. Meaning oPinsider 7,02
3. The elements of knowledge 7.03
4. Inside information at: the time of dealing /TO
5. An inside source 7.16
6. Categories of insider 7.19
XU
Contents
8. Securities and Regulated Markets
1. Introduction 8.01
2. The correct analysis 8.02
3. Securities 8.03
4. Regulated markets 8.29
5. Securities other than shares 8.37
9. Dealing
1. Introduction 9.01
2. Dealing (s 32(3) CJA) 9.02
3. Acquisitions and disposals (s 53( 1)—(3) CJA) 9.06
4. Procuring an acquisition or disposal (s 33(4) CJA) 9.1 1
5. Professional intermediaries 9.20
10. Territorial Scope (s 62 CjA)
1. Introduction 10.01
2. Primary insider dealing offence (s 62(1) CJA) 10.02
3. Secondary Encouraging’ and Disclosing’ offences
(s 62(2) CJA) 10.05
4. The scope of s 62 CJA 10.06
11. Statutory Defences
1. Introduction 11.01
2. Statutory defences to the primary insider dealing offence
(s 53(1) CJA) 11.02
3. Statutory defences to the secondary ‘Encouraging’ offence
(s 53(2) CJA) MJ 7
4. Statutory defences to the secondary ‘Disclosing’ offence
(s 53(3) CJA) * 11.19
5. Special defences ! 1.23
6. Statutory defences..legal and evidential burden on the defence 11.42
12. Prosecution of Insider .Dealing Offences
1. Introduction 12.01
2. Prosecuting bodies 12.02
xiii
Contents
3. Consent for prosecution 12.05
4. Prosecution of other offences connected to insider dealing 12.09
5. Conspiracy or substantive counts 12« 13
6. Summary proceedings: venue and time limit 12.21
13. Penalties and Sentencing
1. Introduction 13.01
2. Mlie penalty for offences of insider dealing (s 61 ( M A) 1 3.02
3. Court of Appeal sentencing authorities 13.04
4. Sentences imposed in recent insider dealing cases 13.1 6
5. 1 )isq ua 1 ification of coni pa ny lirectors i 3. .1 7
6. Confiscation issues in insider dealing cases 13.19
7. Other PC A proceedings 13.28
14. Insider Healing ■ lire Civil Market Abuse Regime
1. Introduction 14.01
2. Legislative background 14.02
3. Legal and source materials 14.12
15. Hie Civil Offences
1. Introduction 15.01
2. Part VIII ofFSMA 15.02
3. Qualifying investments and prescribed markets 15.13
4. Territorial scope 15.32
16. Section 118(2) PSMA; lVJi.aviom· Insider Dealing,
1. Introduction 16.0 I
2. Section 118(2) PSMA 16.02
3. Insider 16.09
4. Dealing or attempting to deal 16. 14
5. ‘On the basis oP 16,16
6. I nside i nforrnai ion 16.28
7. Section 118(2) PSMA behaviour safe harbours 16.66
XIV
Contents
17. Section 118(3) FSMA; Behaviour—Improper Disclosure
1. Introduction
2. Section 118(3) FSMA behaviour
3. Section 118(3) FSMA behaviour—safe harbours
18« Section 118(4) FSMA; Behaviour—Misuse of Information
1. Introduction
2. S ectio n 118 (4) F S MA behavio ur
3. The regular user
4. Generally available’
3. Based on’
6. ‘Relevant information
7. S tandards o f behavio ur
8. Section 118(4) FSMA.—safe harbours
19. Market Abuse··—Statutory Defence and Power to Impose Penalties
1. Introduction
2. Statutory defence (s 118A(5) FSMA)
3. Power to impose penalties in cases of market abuse
(s 123 FSMA)
4. Penalties imposed in market abuse cases
20. Market Abuse Proceedings—Artide 6 ECHR and the Burden and
Standard of Proof
1. Introduction
2. Status of market abuse proceedings under Article 6 ECHR
3. Burden and standard of proof in market abuse proceedings
2-1. .Detection and. Pefertal to * info moment
1. Introduction
2. The FSA
3. The FSA—attitude to enforcement
4. Insider dealing prosecutions֊— the statistics
5. Hie PRA and the FCA
17.01
17.02
17.10
18.01
18.02
18.17
18.18
18719
18.20
I 8.72
18.23
19.01
19.02
19.06
19.28
20.01
20.02
20.12
21.01
21.02
2 J .07
21.08
21.10
XV
Contents
6. Detection of insider dealing and market abuse 21.20
7. The Enforcement and Financial Crime Division 21.34
8. The process by which cases are referred to Enforcement
for investigation 21.36
9. Cases in which other authorities have an interest 21.38
22. The Enforcement Investigation
1. Introduction 22.01
2. Allocation to a case team 22.02
3. Powers of investigation 22.03
4. Notification of an investigation 22.06
5. Use of statutory powers to require the production of documents,
the provision of information, or the answering of questions 22.09
6. Powers under the Regulation of investigatory Powers
Act 2000 22.17
7. Protected itexns (s 413 FSMA) 22.18
8. Banking confidentiality (s 175(5) FSMA) 22.20
9. Sanctions for failure to comply (s 177 FSMA) 22.21
10. Use of information 22.25
11. Search warrants 22.34
12. Interviews 22.40
13- Witness statements 22.51
23. Criminal Proceedings
1. Introduction 23.01
2. The decision to commence criminal proceedings 23.02
Factors which may influence the decision 23.03
4. Co-operation agreements 23.13
3. Plea discussions 3.3.29
6. The role of the RDC Chairman 23.3 t
7. Instituting criminal proceedings 23.33
8. Restraint proceedings 23.38
9. issuing a caution 23.39
10. Decisions not to prosecute 23.41
XVI
Contents
24. Hie Enforcement Process—Market Abuse Proceedings
1. Introduction 24.01
2. Range of enforcement actions 24.02
3. Informal enforcement action 24.03
4. Formal enforcement action 24.09
5. The enforcement process 24.21
6. The Executive Settlement Process 24.45
7. Civil proceedings 24.57
8. Publicity 24,59
25. the Future
1. 1 ntroducti o n 25.01
2. New European legislation 25.02
3. The Draft Regulation 25.06
4. The Draft Directive 75.24
5. Conclusion—the next five years 25.28
Appendices
Appendix 1: Glossary of Terms Commonly Encountered in Insider
Dealing Cases 291
Appendix 2: Legislation
A. Insider Dealing Directive (Dir 89/592/EC) 296
B. Criminal Justice Act 1993, Part V 301
C. Criminal Justice Act 1993, Schedule 2 306
D. Insider Dealing (Securities and Regulated Markets)
Order 1994 (SI no 187) (as amended) 308
Appendix 3: Financial Services and Markets Act 2000,
Part VIII (as amended) 3 ! 2
Appendix 4: FSMA 2000 (Prescribed Markets and Qualifying
Investments) Order 2001 372
Index 325
xvu
|
| any_adam_object | 1 |
| author | Clarke, Sarah |
| author_GND | (DE-588)1054608989 |
| author_facet | Clarke, Sarah |
| author_role | aut |
| author_sort | Clarke, Sarah |
| author_variant | s c sc |
| building | Verbundindex |
| bvnumber | BV042640474 |
| callnumber-first | K - Law |
| callnumber-label | KD1777 |
| callnumber-raw | KD1777.I58 |
| callnumber-search | KD1777.I58 |
| callnumber-sort | KD 41777 I58 |
| callnumber-subject | KD - United Kingdom and Ireland |
| classification_rvk | PT 425 |
| ctrlnum | (OCoLC)913869006 (DE-599)BVBBV042640474 |
| discipline | Rechtswissenschaft |
| edition | 1. ed. |
| format | Book |
| fullrecord | <?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim"><record><leader>01659nam a2200409 c 4500</leader><controlfield tag="001">BV042640474</controlfield><controlfield tag="003">DE-604</controlfield><controlfield tag="005">20150714 </controlfield><controlfield tag="007">t</controlfield><controlfield tag="008">150625s2013 xxkd||| |||| 00||| eng d</controlfield><datafield tag="010" ind1=" " ind2=" "><subfield code="a">013937376</subfield></datafield><datafield tag="020" ind1=" " ind2=" "><subfield code="a">0199672954</subfield><subfield code="9">0-19-967295-4</subfield></datafield><datafield tag="020" ind1=" " ind2=" "><subfield code="a">9780199672950</subfield><subfield code="9">978-0-19-967295-0</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(OCoLC)913869006</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-599)BVBBV042640474</subfield></datafield><datafield tag="040" ind1=" " ind2=" "><subfield code="a">DE-604</subfield><subfield code="b">ger</subfield><subfield code="e">aacr</subfield></datafield><datafield tag="041" ind1="0" ind2=" "><subfield code="a">eng</subfield></datafield><datafield tag="044" ind1=" " ind2=" "><subfield code="a">xxk</subfield><subfield code="c">GB</subfield></datafield><datafield tag="049" ind1=" " ind2=" "><subfield code="a">DE-739</subfield></datafield><datafield tag="050" ind1=" " ind2="0"><subfield code="a">KD1777.I58</subfield></datafield><datafield tag="084" ind1=" " ind2=" "><subfield code="a">PT 425</subfield><subfield code="0">(DE-625)139896:</subfield><subfield code="2">rvk</subfield></datafield><datafield tag="100" ind1="1" ind2=" "><subfield code="a">Clarke, Sarah</subfield><subfield code="e">Verfasser</subfield><subfield code="0">(DE-588)1054608989</subfield><subfield code="4">aut</subfield></datafield><datafield tag="245" ind1="1" ind2="0"><subfield code="a">Insider dealing</subfield><subfield code="b">law and practice</subfield><subfield code="c">Sarah Clarke</subfield></datafield><datafield tag="250" ind1=" " ind2=" "><subfield code="a">1. ed.</subfield></datafield><datafield tag="264" ind1=" " ind2="1"><subfield code="a">Oxford</subfield><subfield code="b">Oxford Univ. Press</subfield><subfield code="c">2013</subfield></datafield><datafield tag="300" ind1=" " ind2=" "><subfield code="a">XXXII, 335 S.</subfield><subfield code="b">graph. Darst.</subfield></datafield><datafield tag="336" ind1=" " ind2=" "><subfield code="b">txt</subfield><subfield code="2">rdacontent</subfield></datafield><datafield tag="337" ind1=" " ind2=" "><subfield code="b">n</subfield><subfield code="2">rdamedia</subfield></datafield><datafield tag="338" ind1=" " ind2=" "><subfield code="b">nc</subfield><subfield code="2">rdacarrier</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Recht</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Insider trading in securities</subfield><subfield code="x">Law and legislation</subfield><subfield code="z">Great Britain</subfield></datafield><datafield tag="651" ind1=" " ind2="4"><subfield code="a">Großbritannien</subfield></datafield><datafield tag="856" ind1="4" ind2=" "><subfield code="u">http://www.loc.gov/catdir/enhancements/fy1410/2013937376-b.html</subfield><subfield code="3">Contributor biographical information</subfield></datafield><datafield tag="856" ind1="4" ind2=" "><subfield code="u">http://www.loc.gov/catdir/enhancements/fy1410/2013937376-d.html</subfield><subfield code="3">Publisher description</subfield></datafield><datafield tag="856" ind1="4" ind2=" "><subfield code="u">http://www.loc.gov/catdir/enhancements/fy1410/2013937376-t.html</subfield><subfield code="3">Table of contents only</subfield></datafield><datafield tag="856" ind1="4" ind2="2"><subfield code="m">Digitalisierung UB Passau - ADAM Catalogue Enrichment</subfield><subfield code="q">application/pdf</subfield><subfield code="u">http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=028072867&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA</subfield><subfield code="3">Inhaltsverzeichnis</subfield></datafield><datafield tag="999" ind1=" " ind2=" "><subfield code="a">oai:aleph.bib-bvb.de:BVB01-028072867</subfield></datafield></record></collection> |
| geographic | Großbritannien |
| geographic_facet | Großbritannien |
| id | DE-604.BV042640474 |
| illustrated | Illustrated |
| indexdate | 2024-07-10T07:06:32Z |
| institution | BVB |
| isbn | 0199672954 9780199672950 |
| language | English |
| lccn | 013937376 |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-028072867 |
| oclc_num | 913869006 |
| open_access_boolean | |
| owner | DE-739 |
| owner_facet | DE-739 |
| physical | XXXII, 335 S. graph. Darst. |
| publishDate | 2013 |
| publishDateSearch | 2013 |
| publishDateSort | 2013 |
| publisher | Oxford Univ. Press |
| record_format | marc |
| spelling | Clarke, Sarah Verfasser (DE-588)1054608989 aut Insider dealing law and practice Sarah Clarke 1. ed. Oxford Oxford Univ. Press 2013 XXXII, 335 S. graph. Darst. txt rdacontent n rdamedia nc rdacarrier Recht Insider trading in securities Law and legislation Great Britain Großbritannien http://www.loc.gov/catdir/enhancements/fy1410/2013937376-b.html Contributor biographical information http://www.loc.gov/catdir/enhancements/fy1410/2013937376-d.html Publisher description http://www.loc.gov/catdir/enhancements/fy1410/2013937376-t.html Table of contents only Digitalisierung UB Passau - ADAM Catalogue Enrichment application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=028072867&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
| spellingShingle | Clarke, Sarah Insider dealing law and practice Recht Insider trading in securities Law and legislation Great Britain |
| title | Insider dealing law and practice |
| title_auth | Insider dealing law and practice |
| title_exact_search | Insider dealing law and practice |
| title_full | Insider dealing law and practice Sarah Clarke |
| title_fullStr | Insider dealing law and practice Sarah Clarke |
| title_full_unstemmed | Insider dealing law and practice Sarah Clarke |
| title_short | Insider dealing |
| title_sort | insider dealing law and practice |
| title_sub | law and practice |
| topic | Recht Insider trading in securities Law and legislation Great Britain |
| topic_facet | Recht Insider trading in securities Law and legislation Great Britain Großbritannien |
| url | http://www.loc.gov/catdir/enhancements/fy1410/2013937376-b.html http://www.loc.gov/catdir/enhancements/fy1410/2013937376-d.html http://www.loc.gov/catdir/enhancements/fy1410/2013937376-t.html http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=028072867&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
| work_keys_str_mv | AT clarkesarah insiderdealinglawandpractice |