Do I need to pre-enter UPSI flow in SDD?
No, however the entry in SDD must be done simultaneously (if not synchronized through, say, email auto-population) or promptly thereafter. ... [...]
What is the difference between the Structured Digital Database and the Database of Designated Persons?
The database of Designated Persons is to be maintained under reg 9A(2) after identifying all employees having access to UPSI ... [...]
Are Structured Digital Databases required for listed entities with very low trading?
Neither the frequency of trading nor the width or depth of the market are part of the criteria for compliance ... [...]
Are debt-listed entities required to maintain a Structured Digital Database?
Debt listed entities are also listed entities as they have issued securities that are listed. As such, they are required ... [...]
Do intermediaries need to maintain the Structured Digital Database?
Every listed entity and every organization required to handle UPSI is required to maintain SDD. Fiduciaries and intermediaries like chartered ... [...]
What if UPSI is shared with a mail group? Can I record the mail group itself as the recipient in the Structured Digital Database ?
No, SEBI regulations require individuals with the identification to be entered. Further, the composition of the mail group changes over ... [...]
What if UPSI is shared with many people at the same time? What should I record in the Structured Digital Database – one consolidated entry or each separately?
The regulations are not clear on this. Regardless, Affinis(SDD) allows you to simply create a single entry which will be ... [...]
Is every sharing of information required to be recorded in the SEBI Structured Digital Database? What about downstream sharing?
All sharing must be recorded, including downstream sharing (sharing by people who have received the information). This is the reason ... [...]
Do we need to record the entry in the Structured Digital Database as soon as shared or as soon as possible? How much grace time do we have?
The sharing can be recorded subsequently but the gap should be as short as possible. Of course, even if the ... [...]
What are the latest regulatory clarifications on Insider Trading issued by SEBI?
insider trading FAQs issued by SEBI on 31 March 2023
Structured Digital Database – Is automatic email capture possible?
Click the link above to read how we provide the smartest and most sophisticated email auto-capture for the Structured Digital Database today.
Designated Persons under SEBI Insider Trading regulations – Who are they?
Click the link above to understand who are Designated Persons under SEBI Insider Trading regulations.
BENPOS – What is it and how does it connect to Insider Trading?
Click the link above to understand how BENPOS connects to Insider Trading.
What is a Material Financial Relationship as per SEBI?
Click the link above to read about Material Financial Relationships
What is a Statement of Holdings in the context of Insider Trading compliances?
Click the link above to understand a 'Statement of Holdings' in the context of Insider Trading compliances
Structured Digital Database on an Excel Sheet – Why can we not simply maintain SDD on an excel sheet?
Click the link above to understand why SEBI Regulations prohibit using Excel Sheets to maintain a Structured Digital Database.
