Handling inside information

An employee who, when buying or selling listed shares or certain other securities, is in possession of information pertaining to said instruments that is not public knowledge and, if it were to become public knowledge, could likely significantly affect the value of said securities, is guilty of a criminal offence. The disclosure of inside information related to the factors influencing pricing is also prohibited by law.

To reduce the risk of criminal offences, the functions of the member organisations of the Savings Banks Amalgamation have been organised in such a way that inside information is only accessible to those employees who require it in the performance of their duties. Insider and trading guidelines have been drafted for the member organisations of the Savings Banks Amalgamation.