The term internal control is generally linked to controls mechanism for financial and non-financial processes of an entity. Is there any internal control process to prevent insider trading under SEBI regulations? You, be

Regulation 9A of the SEBI (Prohibition of Insider Trading) Regulations, 2015 provides that the Chief Executive Officer, Managing Director or such other analogous person of a listed company, intermediary or fiduciary shall put in place adequate and effective system of internal controls to ensure compliance with the requirements given in these regulations to prevent insider trading. The internal controls shall include the following: all employees who have access to unpublished price sensitive information are identified at designated person; all the unpublished price sensitive information shall be identified and its confidentiality shall be maintained as per the requirements of these regulations; adequate restrictions shall be placed on communication or procurement of unpublished price sensitive information as required by these regulations; lists of all employees and other persons with whom unpublished price sensitive information is shared shall be maintained and confidentiality agreements shall be signed or notice shall be served to all such employees and persons; all other relevant requirements specified under these regulations shall be complied with; periodic process review to evaluate effectiveness of such internal controls.