You are the Company Secretary of Shine Ltd. As a Compliance Officer of the company, what are the safeguards you will implement so that the price sensitive information is properly protected?

As per SEBI (Prohibition of Insider Trading) Regulations, 2015, compliance officer means any senior officer, designated so and reporting to the board of directors or head of the organization in case board is not there, who is financially literate and is capable of appreciating requirements for legal and regulatory compliance under these regulations and who shall be responsible for compliance of policies, procedures, maintenance of records, monitoring adherence to the rules for the preservation of unpublished price sensitive information, monitoring of trades and the implementation of the codes specified in these regulations under the overall supervision of the board of directors of the listed company or the head of an organization, as the case may be. The following shall be implemented by the compliance officer to properly protect the price sensitive information: Designation of a senior officer as a chief investor relations officer to deal with dissemination of information and disclosure of unpublished price sensitive information. Prompt public disclosure of unpublished price sensitive information that would impact price discovery no sooner than credible and concrete information comes into being in order to make such information generally available. Uniform and universal dissemination of unpublished price sensitive unpublished price sensitive information to avoid selective disclosure. Appropriate and fair response to queries on news reports and requests for verification of market rumours by regulatory authorities. Price-Sensitive Information is to be handled on a "need to know" basis, i.e. Price Sensitive Information should be disclosed only to those within the Company who need the information to discharge their duty. Gist of any proceedings of meetings with analysts and other investor relations conferences may be made available on the company's website. Any sharing of information with analysts and research personnel shall be done only with the prior approval of the Compliance officer to ensure that no unpublished price sensitive information may be disclosed. The disclosure of unpublished price sensitive information shall be on a continuous, immediate, uniform basis and will be universally disseminated. The company may consider others ways of supplementing information released to stock exchanges by improving Investor access to their public announcements.