tax & jurisdiction |
Jersey looks set to upgrade its laws against insider trading and market manipulation on stock exchanges in an attempt to simplify the investigative process for two very similar offences, following the publication of a new consultation paper by the Jersey Financial Services Commission. Under the current law, insider trading is legislated by the Company Securities (Insider Dealing) (Jersey) Law 1988 while suspected market manipulation is governed by the Financial Services (Jersey) Law. Gary Godel, director of enforcement at the Commission, said addressing this discrepancy was one of the pa...
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