Abu Dhabi, Dubai financial markets ban insider trading:
The insider trading at public shareholding companies listed in the UAE capital markets will take effect on Monday, in compliance with the applicable regulations and rules.
The Abu Dhabi and Dubai Financial Markets called on listed shareholding companies and brokerage companies to implement the ban until the announcement of the financial statements for 2018’s fourth quarter, due to start in early January 2019.
The move comes in line with to the provisions of Article 14 of the system, of trading, clearing, settlement and transfer of ownership and custody of securities.
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