Risk of market abuse

The following diagram illustrates the current environment in which most listed companies (and their advisers) prepare and maintain insider lists:

	A company's own list of advisers may not include all non- principal contacts.
	A company is not able to monitor how comprehensive their advisers’ insider lists are.
	The transfer of insider list information from adviser to company is ad hoc rather than systematic.
	Advisers store their lists in different formats, often with a minimal audit trail. Unregulated advisers may not maintain insider lists at all.
	Preparing a full, audited insider list for regulators on demand can be difficult and time consuming for companies.

INLIST gives you control

With INLIST, the environment in which listed companies can maintain insider lists is transformed, as the diagram below demonstrates:

	It is easy for a company and its advisers to maintain comprehensive audited insider lists.
	Companies can directly monitor who is on their advisers’ insider lists, and when they were added or removed.
	The transfer of insider list information from adviser to company is in real-time, using secure encryption.
	An electronic audit trail is created for each insider record. All records are held in a common format.
	Preparing a full, audited insider list for regulators on demand is fast and painless for companies.