Under the Criminal Justice Act 1993, which TWO of the following are distinct offences of insider dealing?

Answer options:

Dealing in price-affected securities based on inside information.

Failing to report a suspicion of insider dealing to the FCA.

Encouraging another person to deal in price-affected securities.

Publishing a misleading prospectus.

How to approach this question

Identify the specific actions criminalized under the insider dealing legislation.

Full Answer

The Criminal Justice Act 1993 creates three main insider dealing offences: 1) Dealing in price-affected securities, 2) Encouraging another to deal, and 3) Disclosing inside information otherwise than in the proper performance of employment.

Common mistakes

Thinking insider dealing only applies if you personally buy or sell shares.

Question 23 All questions Question 25

Practice the full ACCA LW — Corporate and Business Law Practice Exam 1

60 questions · hints · full answers · grading

Under the Criminal Justice Act 1993, which TWO of the following are distinct offences of insider dealing?

How to approach this question

Full Answer

Common mistakes

Practice the full ACCA LW — Corporate and Business Law Practice Exam 1

More questions from this exam