|
" A Comparative Synopsis of the Enforcement of Market Abuse Prohibition in Australia and South Africa "
Howard Chitimira
| Document Type
|
:
|
AL
|
| Record Number
|
:
|
1064548
|
| Doc. No
|
:
|
LA108177
|
| Call No
|
:
|
10.1163/17087384-12342068
|
| Language of Document
|
:
|
English
|
| Main Entry
|
:
|
Howard Chitimira
|
| Title & Author
|
:
|
A Comparative Synopsis of the Enforcement of Market Abuse Prohibition in Australia and South Africa [Article]\ Howard Chitimira
|
| Publication Statement
|
:
|
Leiden: Brill | Nijhoff
|
| Title of Periodical
|
:
|
African Journal of Legal Studies
|
| Date
|
:
|
2016
|
| Volume/ Issue Number
|
:
|
9/1
|
| Page No
|
:
|
46–77
|
| Abstract
|
:
|
In Australia, the market abuse prohibition is generally well accepted by the investing and non-investing public as well as by the government. This co-operative and co-ordinated approach on the part of all the relevant stakeholders has to date given rise to an increased awareness and commendable combating of market abuse activities in the Australian corporations, companies and securities markets. It is against this background that this article seeks to explore the general enforcement approaches that are employed to combat market abuse (insider trading and market manipulation) activity in Australia. In relation to this, the role of selected enforcement authorities and possible enforcement methods which may be learnt from the Australian experience will be isolated where necessary for consideration in the South African market abuse regulatory framework. In Australia, the market abuse prohibition is generally well accepted by the investing and non-investing public as well as by the government. This co-operative and co-ordinated approach on the part of all the relevant stakeholders has to date given rise to an increased awareness and commendable combating of market abuse activities in the Australian corporations, companies and securities markets. It is against this background that this article seeks to explore the general enforcement approaches that are employed to combat market abuse (insider trading and market manipulation) activity in Australia. In relation to this, the role of selected enforcement authorities and possible enforcement methods which may be learnt from the Australian experience will be isolated where necessary for consideration in the South African market abuse regulatory framework. In Australia, the market abuse prohibition is generally well accepted by the investing and non-investing public as well as by the government. This co-operative and co-ordinated approach on the part of all the relevant stakeholders has to date given rise to an increased awareness and commendable combating of market abuse activities in the Australian corporations, companies and securities markets. It is against this background that this article seeks to explore the general enforcement approaches that are employed to combat market abuse (insider trading and market manipulation) activity in Australia. In relation to this, the role of selected enforcement authorities and possible enforcement methods which may be learnt from the Australian experience will be isolated where necessary for consideration in the South African market abuse regulatory framework. In Australia, the market abuse prohibition is generally well accepted by the investing and non-investing public as well as by the government. This co-operative and co-ordinated approach on the part of all the relevant stakeholders has to date given rise to an increased awareness and commendable combating of market abuse activities in the Australian corporations, companies and securities markets. It is against this background that this article seeks to explore the general enforcement approaches that are employed to combat market abuse (insider trading and market manipulation) activity in Australia. In relation to this, the role of selected enforcement authorities and possible enforcement methods which may be learnt from the Australian experience will be isolated where necessary for consideration in the South African market abuse regulatory framework.
|
| Descriptor
|
:
|
enforcement approaches
|
| Descriptor
|
:
|
financial markets
|
| Descriptor
|
:
|
insider trading
|
| Descriptor
|
:
|
market abuse
|
| Descriptor
|
:
|
market manipulation
|
| Location & Call number
|
:
|
10.1163/17087384-12342068
|
| |