内幕交易监管的比较分析——谁应负法律责任?

IF 2.8 Q2 BUSINESS

Corporate Communications Pub Date : 2001-01-15 DOI:10.2139/SSRN.260884

V. C. Yeo

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引用次数: 5

摘要

鉴于证券市场跨境投资参与的增加，以及不同国家证券交易所之间潜在的合并和合作的数量，重要的是要概述不同司法管辖区在监管证券业方面采取的不同方法。本文对比了亚太地区几个普通法国家(澳大利亚、香港、新西兰、马来西亚和新加坡)对内幕交易的不同监管方式。它的重点是这些国家的监管，相对于他们的目标群体和规定的制裁，如何反映与内幕交易相关的不同法律理论。还讨论了与提供既符合这些理论又实际可行的适当制裁有关的问题。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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A Comparative Analysis of Insider Trading Regulation - Who is Liable and What are the Sanctions?

In view of the increase in cross-border investment participation in securities markets as well as the number of potential mergers and collaborations between the securities exchanges of different countries, it is important to have an overview of the different approaches taken by various jurisdictions in regulating the securities industry. This paper contrasts the different approaches taken to regulate insider trading in several common law countries in the Asia-Pacific region, namely, Australia, Hong Kong, New Zealand, Malaysia and Singapore. Its focus is on how the regulations in these countries, in relation to their target group and the sanctions that are prescribed, reflect the different legal theories associated with insider trading. Problems associated with providing suitable sanctions that are both consistent with these theories and practicably workable are also discussed.

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来源期刊

Corporate Communications BUSINESS-

CiteScore

3.90

自引率

20.00%

发文量

期刊介绍： Corporate Communications: An International Journal addresses the issues arising from the increased awareness that an organisation''s communications are part of the whole organisation, and that the relationship an organisation has with its external public requires careful management. The responsibility for communications is increasingly being seen as part of every employee''s role and not simply the function of the marketing/PR departments. This journal will illustrate why communications are important and how best to implement a strategic communications plan.