Kubanenergo PJSC implements and maintains international compliance policy in the area insider trading and abuse market legislation. Our company realizes compliance procedures Federal law “On counteracting unauthorized use of inside information and market manipulation” of 27 July 2010 (Federal law №224).
Inside information shall mean information which has not been made public (including confidential and commercially information, professional secrecy and another secrecy which is protected by law) relating directly or indirectly to one or more issuers of financial instruments 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.
Market manipulation shall mean transactions or orders to trade which give or are likely give false or misleading signals as to the supply of demand for or price of financial instruments or which by a person or persons acting in collaboration the price of one or several financial instruments at an abnormal or artificial level or dissemination of information through the media, including Internet or by any other means, which give or is likely to give false or misleading signals as to financial instruments, including dissemination of rumours and false or misleading news, where the person who made the dissemination knew, or ought to have known that the information was false or misleading.
Insiders are persons, who have access to inside information such as employees, members of board, members of Committees, members of revisory committee, management company of the issuer, rating agency, auditing company (including auditors), appraisal company, insurance company (including underwriters), financial institutions, professional participants of the securities market, regulatory information service (including PR) and consulting companies.
Kubanenergo PJSC discloses inside information in appliance with requires of Federal law №224.
The Bank of Russia control insider dealing and market manipulation. Market abuse consists of insider dealing and market manipulation prosecuted by law jurisdiction where market abuse was occurred. Civil and criminal responsibility for market abuse is provided by Federal law №224
Insiders are responsible for:
The rules of Insider:
2A Stavropolskaya str., Krasnodar 350033
Phone: 8 (861) 212-22-05