Convention on Insider Trading
Parties with reservations, declarations and objections
Party | Reservations / Declarations | Objections |
---|---|---|
Cyprus | Yes | No |
Czech Republic | Yes | No |
Finland | Yes | No |
Luxembourg | Yes | No |
Netherlands, the Kingdom of the | Yes | No |
Norway | Yes | No |
Sweden | Yes | No |
United Kingdom | Yes | No |
Cyprus
19-11-1997
By virtue of decision No. 35.901 of the Council of Ministers of the Republic of Cyprus of July 25th 1991, the designated authority for the effective implementation of the Convention is the Governor of the Central Bank of Cyprus.
Czech Republic
08-09-2000
In accordance with Article 3 of the Convention on Insider Trading, the Czech Republic
undertakes to provide other Parties, subject to reciprocity, with the greatest possible
measure of mutual assistance in the exchange of information necessary for the surveillance
of operations carried out in the organised stock markets which could adversely affect
equal access to information for all users of the stock market or the quality of the
information supplied to investors in order to ensure honest trading.
In accordance with Article 4 of the Convention, the Czech Republic designates the
following authorities as responsible for preparing requests:
Czech Securities Commission
(Washingtonova 7, P.O. Box 208, 111 21 Praha 1
tel/ 0044202/21 09 61 11, fax: 004202/24 22 50 29
e-mail: Katerina Palkova@SEC.cz)
Ministry of Finance
(Letenská 15, 118 10 Praha 1
Tel: 004202/5704 1111, fax: 004202/53 32 00
e-mail: Miroslava Kaislerova@mfcr.cz)
Prosecutor General's Office of the Czech Republic
(Jezuitská 4, 660 55 Brno
tel: 0040205/425 12 111, fax: 004205/422 19 621
e-mail; Benesova@NSZ.BRN. Justice.cz)
before the case is brought before court and
the Ministry of Justice of the Czech Republic
(Vysehradská 16, 128 00 Praha 2
tel: 004202/21 997 156, fax: 004202/249 11 365
e-mail: ZHavelkova@MSp.Justice.cz)
after it has been brought before court.
In accordance with Article 6, paragraph 5 of the Convention, the Czech Republic declares
that under national law, public authorities have the duty to promptly report to public
prosecutors' offices or to police authorities facts indicating that a criminal offence
has been committed.
06-10-2014
The declaration of authorities responsible for sending and receiving requests for
assistance, made by the Czech Republic in accordance to Article 4 of the Convention,
registered at the Secretariat General on 8 September 2000, is updated as follows:
Czech National Bank
address: Na Prikope 28, 115 03 Praha 1, Czech Republic
Tel.: (+420) 2 2441 1111
Fax: (+420)2 2441 2404
e-mail : podatelna@cnb.cz
Ministry of Finance of the Czech Republic
address: Letenská 15, 118 10 Praha 1, Czech Republic
Tel.: (+420) 2 5704 1111
Fax : (+420) 2 5704 2788
e-mail : podatelna@mfcr.cz
Supreme Prosecutor's Office of the Czech Republic
address: Jezuitská 4, 660 55 Brno, Czech Republic
Tel.: (+420) 5 4251 2330
Fax : (+420) 5 4251 2350
e-mail : podatelna@nsz.brn.justice.cz
for requests for assistance in criminal matters originating from pre-trial proceedings.
Ministry of Justice of the Czech Republic
address: Vysehradská 16, 128 00 Praha 2, Czech Republic
Tel.: (+420) 2 2199 7435
Fax : (+420) 2 2199 7986
e-mail : mot@msp.justice.cz
for other requests for assistance in criminal matters.
Finland
13-09-1995
The Government of Finland, in accordance with the provisions of Article 6 of this
Convention and subject to the undertaking contained in that article, declares that
the requested authority may restrict the strict secrecy obligation laid down in Article
6, paragraph 4.
In accordance with Article 4, paragraph 2, of the Convention, the competent authority
in Finland is the "Financial Supervision, Kluuvikatu 5, P.O. Box 159, FIN-00101 Helsinki
- Telephone : +358-0-18351, Telefax : +358-0-1835-328".
Luxembourg
29-08-1997
In pursuance of Article 4 of the Convention, the competent authority in the Grand
Duchy of Luxembourg is the "Commissariat aux bourses".
The Grand Duchy of Luxembourg declares, in accordance with Article 6, paragraph 5,
of the Convention, that it will use the derogations provided by its legislation to
the obligation of secrecy mentioned in paragraph 4 of Article 6 in the case when the
"Commissariat aux bourses" has the obligation to denounce to judicial authorities
information communicated or gathered within the framework of the request.
Netherlands, the Kingdom of the
21-07-1994
In accordance with Article 3 of the Convention on Insider Trading, the Government
of the Netherlands declares that it undertakes to provide other Parties, subject to
reciprocity, with the greatest possible measure of mutual assistance in the exchange
of information necessary for the surveillance of operations carried out in the organised
stock markets which could adversely affect equal access to information for all users
of the stock market or the quality of the information supplied to investors in order
to ensure honest dealing.
In accordance with Article 4 of the Convention, the following authority is designated
for the Netherlands to be actually responsible for submitting any request for assistance,
and for receiving and taking action on requests for assistance from the corresponding
authorities designated by each Party:
The Securities Board of the Netherlands ("Stichting Toezicht Effectenverkeer"), P.O.
Box 11723, 1001 GS Amsterdam.
Contact officer of the Securities Board is Mr Paul Mulder, Secretary Legal Affairs,
tel. (31) 20 6206549, fax (31) 20 6206649.
In accordance with Article 6, Section 5 of the Convention, the Government of the Netherlands
declares the following derogations:
- In accordance with national law, the Dutch authority as requested authority may
be ordered by a judicial authority to disclose information gathered within the framework
of the request for the purpose of court proceedings if the court deems that the disclosure
of that information is of greater importance than the confidentiality requirement
of the requested authority;
- In accordance with national law, the Dutch authority as requested authority may,
provided the requesting authority has been informed, wish to provide the competent
Dutch authorities the information gathered within the framework of the request, to
investigate violations of national law or to secure compliance with national law;
- In accordance with national law, the Dutch authority as requested authority may,
provided the requesting authority has been informed, wish to disclose information
gathered within the framework of the request, if necessary to fulfil its tasks and
duties.
26-10-2007
In accordance with Article 3 of the Convention, the Government of the Netherlands
Antilles declares that it undertakes to provide other Parties, subject to reciprocity,
with the greatest possible measure of mutual assistance in the exchange of information
necessary for the surveillance of operations carried out in the organised stock markets
which could adversely affect equal access to information for all users of the stock
market or the quality of the information supplied to investors in order to ensure
honest dealing.
09-01-2012
In accordance with Article 4 of the Convention, the following authority is designated
for Curaçao, Sint Maarten and the Caribbean part of the Netherlands (the islands of
Bonaire, Sint Eustatius and Saba) to be actually responsible for submitting any request
for assistance and for receiving and taking action on requests for assistance from
the corresponding authorities designated by each Party:
for Curaçao and Sint Maarten:
Centrale Bank van for Curaçao and Sint Maarten
Simon Bolivar Plein 1
Willemstad
Curaçao
Tel. (599-9)434-5500
Fax: (599-9)461-5004
Email: info@centralbank.an
for the Caribbean part of the Netherlands (the islands of Bonaire, Sint Eustatius
and Saba):
Autoriteit Financiële Markten
Postbus 11723
1001 GS Amsterdam
Nederland
Tel.: +31 (0)20 797 2000
Fax: +31 (0)20 797 3800
In accordance with Article 6, paragraph 5, of the Convention, the following derogations
are declared for
Curaçao, Sint Maarten or the Caribbean part of the Netherlands (the islands of Bonaire,
Sint Eustatius and Saba):
- In accordance with the law of Curaçao, Sint Maarten or the Caribbean part of the
Netherlands (the islands of Bonaire, Sint Eustatius and Saba), the respective authority
of Curaçao, Sint Maarten or the Caribbean part of the Netherlands (the islands of
Bonaire, Sint Eustatius and Saba) as requested authority may be ordered by a judicial
authority to disclose information gathered within the framework of the request for
the purpose of court proceedings if the court deems that the disclosure of that information
is of greater importance than the confidentiality requirement of the requested authority;
- In accordance with the law of Curaçao, Sint Maarten or the Caribbean part of the
Netherlands (the islands of Bonaire, Sint Eustatius and Saba), the respective authority
of Curaçao, Sint Maarten or the Caribbean part of the Netherlands (the islands of
Bonaire, Sint Eustatius and Saba) as requested authority may, provided the requesting
authority has been informed, wish to provide the competent authorities of Curaçao,
Sint Maarten and the Caribbean part of the Netherlands (the islands of Bonaire, Sint
Eustatius and Saba) the information gathered within the framework of the request,
to investigate violations of national law or to secure compliance with national law;
- In accordance with the law of Curaçao, Sint Maarten or the Caribbean part of the
Netherlands (the islands of Bonaire, Sint Eustatius and Saba), the respective authority
of Curaçao, Sint Maarten or the Caribbean part of the Netherlands (the islands of
Bonaire, Sint Eustatius and Saba) as requested authority may, provided the requesting
authority has been informed, wish to disclose information gathered within the framework
of the request, if necessary to fulfil its tasks and duties.
Norway
10-12-1997
The Norwegian authority responsible for submitting any request for assistance, and
for receiving and taking action on request for assistance from the corresponding authorities
designated by each party under the Convention is the following:
The Banking Insurance and Securities Commission of Norway - Østensjøveien 43 - Pb.
100 Bryn - N-0611 OSLO - Norway.
Sweden
03-06-1991
In accordance with Article 3 of the Convention, Sweden undertakes to provide other
Parties, subject to reciprocity, with the greatest possible measure of mutual assistance
in the exchange of information necessary for the surveillance of operations carried
out in the organised stock markets which could adversely affect equal access to information
for all users of the stock market or the quality of the information supplied to investors
in order to ensure honest dealing.
In accordance with Article 4 of the Convention, Sweden designates the Bank Inspection
Board, Box 16096, S-103 22 Stockholm, Sweden, to be actually responsible for submitting
any request for assistance, and for receiving and taking action on requests for assistance
from the corresponding authorities designated by each Party.
United Kingdom
21-12-1990
In accordance with Article 6.5 of the Convention the United Kingdom declares the following
derogations:
- The Data Protection Act 1984 gives people rights of access to computerised data
about them. There are exceptions to this right, including an exception in respect
of personal data collected on behalf of overseas regulators under the Companies Act
1989.
- In accordance with national law, the United Kingdom as requested authority may be
ordered by a judicial authority to disclose information communicated or gathered within
the framework of the request for the purpose of court proceedings.
- In accordance with national law, the United Kingdom as requested authority may,
provided the requesting authority has been informed, wish to investigate violations
of its law or to secure compliance with such law.
12-01-1994
In accordance with Article 4 of the Convention the United Kingdom designates:
Her Majesty's Treasury as the authority responsible for submitting and receiving requests
for assistance. The address of the designated authority is HM Treasury, Securities
and Investment Services Group, Parliament Street, London SW1P 3AG; and
The Department of Trade and Industry as the authority responsible for taking action
on requests for assistance. The address of the designated authority is The Department
of Trade and Industry, Investigations Division, CIB(D), 123 Victoria Street, London
SW1E 6RB.
In accordance with Article 4 of the Convention the United Kingdom designates the Isle
of Man Treasury as the authority responsible for submitting and receiving and taking
action on requests for assistance in the Isle of Man. The address of the designated
authority is The Treasury, Central Government Offices, Bucks Road, Douglas, Isle of
Man.
In accordance with Article 6.5 of the Convention the United Kingdom declares, in respect
of the Isle of Man, that:
- The Data Protection Act 1986 (of Tynwald) gives people rights of access to computerised
data about them. There are exceptions to this right, including an exception in respect
of personal data collected on behalf of overseas regulators under the Company Securities
(Insider Dealing) Act 1987 (of Tynwald).
- In accordance with the law of the Isle of Man, the Isle of Man Treasury, as the
designated authority, may be ordered by a judicial authority to disclose information
communicated or gathered within the framework of the request for the purpose of court
proceedings.
- In accordance with the law of the Isle of Man, the Isle of Man Treasury, as the
requested designated authority, may, provided the requesting authority has been informed,
wish to investigate violations of Isle of Man law or to secure compliance with such
law.