Responsibilities of a List Owner

In brief you must:

  • Constantly review information in your business to see whether there is any inside information. You can find the definition of inside information in the knowledge base.
  • Keep your list up to date at all times, ensuring that anyone that has access to the potential inside information is included. We can be asked by the UK Financial Conduct Authority to produce a current list as part of an audit with no prior warning.
  • Make sure all the insiders on your list know the information they have is confidential and how to keep it that way.
  • Remember that external third parties might also have access to the inside information and need to be added to the Insider List too. The Downloads page contains a clause that you can add to your agreements with third parties.