Stockholm Compliance Seminar: 3rd of April, 2008

COMPLIANCE CHALLENGES FOR LISTED COMPANIES UNDER MARKET ABUSE RULES
- How to Manage Risks and Prevent Insider Trading?

Date and time: Thursday, 3rd of April 2008, 8:30-11:00
Location: Grand Hotel, S. Blasieholmshamnen 8, Stockholm

Introduction

The Market Abuse legislation (directives, domestic regulation and Level 3 guidelines) represents an important achievement in harmonization of EU securities markets. However, reality check reflects that there are in fact number of practical challenges, uncertainties and risk management issues on which listed companies need further guidance and support. This event aims to remind and update you in key-issues, which are of practical relevance to listed companies in this important compliance area.

The seminar is free of charge to all listed companies. Please register by 31 March at the latest by filling up the registration form below.

Target Groups

Attendance at this event will be invaluable for both the compliance departments, in-house legal teams and IR officers of listed companies, as it will bring them up to date with the latest developments and best practices in this important regulatory area.

Program

1. What Finansinspektionen expects from listed companies

Representatives of Finansinspektionen, Mira Naumanen, Head of Market Surveillance Unit and
Kristoffer Rosell, Legal Counsellor, Insider Registry.  Speakers will be speaking in Swedish language and covering the following topics:

• General overview of issuers obligations (timely disclosure, control of inside information, insider lists, transaction reporting) and sanctions
• The obligations according to the Law about Reporting Duty
• Finansinspektionens responsibilities according to Market Abuse Directive
• Surveillance plan 2008

2. Disclosure and control of Inside information
Speakers from a leading law firm Mannheimer Swartling, speaking in Swedish language. Topics:

• What constitutes inside information (short revisit to the requirements of Swedish Law, listing agreement and CESR II set of guidelines)
• Disclosure requirements and grounds of delay (short revisit to the requirements of Swedish Law, listing agreement and CESR II set of guidelines)
• Restrictions and requirements regarding pre-announcement circulation of inside information (both internal and external recipients to be covered)
• Importance of insider lists
• Practical considerations for insider policy and contractual documentation (NDA-s engagement agreements, etc)

Coffee break 20 min

3. Building up effective anti market abuse systems & controls
Ahto Kink, CSA Partners, Partner. Ahto will be speaking in English covering issues and options to be considered regarding:

• Insider policy (scope of application, areas of regulation)
• Allocation of responsibilities regarding compliance procedures and record keeping
• Control arrangements for personal account dealings by employees and managers
• Awareness and training
• Record keeping - insider lists

4. Separate session (Swedish & English Language)

The above program is followed by a separate practical workshop where the participants will have the opportunity to see how special-purpose software solutions could be of assistance in day-to-day application of insider policies and risk reduction of compliance failures.

Registration

Registration is closed and the event was fully booked.
Looking forward to see you at our next seminars!

If you are interested, please download seminar presentations >