Industry and Fisheries Ministry receives a fined 1.4 million to the IRS for breaches of securities law.
The Ministry has accepted the fine, said Prosecutor in a message.
The basis of the fine is the ministry that inside information relating to the award of so-called green concessions to salmon and trout farming.
– Information on the allocation of licenses was relayed to companies that had been rejected his although it was not reasons that indicated that they were having so information before the public. Thus, it was also created an unnecessary additional risk of misuse of inside information, writes Økokrim.
Furthermore underlines Økokrim that it takes a serious breach of the duty to handle inside information with due care.
Industry and Fisheries Ministry recognizes that the transmission of the decisions by a case happened without it being implemented adequate measures to prevent recipients received information before it became public knowledge. This gave a lot of people, information relevant to the share price for listed companies before the public.
– The rules on proper handling of inside information must be observed. In this case it made a mistake, despite the attention we have had and still has on these rules and we must take the consequences. We have therefore adopted the writ says Fisheries Elisabeth Aspaker.
No comments:
Post a Comment