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    Question

    As per Reg 3 of SEBI (Prohibition  of  Insider 

    Trading) Regulations, 2015, which of the following information is not stored in the structured digital database?
    A Nature of Unpublished Price Sensitive Information Correct Answer Incorrect Answer
    B Names of person who have shared the information Correct Answer Incorrect Answer
    C Address of persons who have shared the information Correct Answer Incorrect Answer
    D Names of such persons with whom information is shared Correct Answer Incorrect Answer
    E PAN details Correct Answer Incorrect Answer

    Solution

    As per Reg 3-The board of directors or head(s) of the organisation of every person required to handle unpublished price sensitive information shall ensure that a structured digital database is maintained containing the nature of unpublished price sensitive information and the names of such persons who have shared the information and also the names of such persons with whom information is shared under this regulation along with the Permanent Account Number or any other identifier authorized by law where Permanent Account Number is not available. Such database shall not be outsourced and shall be maintained internally with adequate internal controls and checks such as time stamping and audit trails to ensure non-tampering of the database.

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