Section 8: Code of ethics
consolidated text (as at 2018, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.
8. Code of ethics
(1) The Minister may, by regulations, make code of ethics for the members of the Board of the Commission, the Chief Executive and the staff of
the Commission relating to—
(a) acceptance of gifts or other reward;
(b) other employment within the securities industry;
(c) acting as or accepting a function as an officer of a reporting issuer, a licensee, an SRO or a collective investment scheme; and
(d) their involvement in securities transactions.
(2) Regulations made under subsection (1) may provide that any person
who contravenes them shall be liable to a fine not exceeding 500,000 rupees.
PART III – FINANCIAL MARKETS REGULATION
Sub-Part A – Securities Exchanges, Clearing and Settlement Facilities
and Securities Trading Systems