ACCA · Question 24 · Corporate and Business Law
Under the Criminal Justice Act 1993, which TWO of the following are valid statutory defences to a charge of insider dealing?
Answer options:
The individual did not expect the dealing to result in a profit attributable to the price-sensitive information.
The individual only passed the information to a close family member and did not trade themselves.
The individual believed on reasonable grounds that the information had been widely disclosed enough to ensure those dealing would not be prejudiced.
The individual was acting on the instructions of their employer.
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