A wholesale market participant may be exempted from the prohibition of insider trading in cases prescribed by Article 10 paragraph 2 of the Law and is obliged to notify REGAGEN within 24 hours of completing the transaction by submitting the completed and signed form to e-mail remit@regagen.co.me.
The law prescribes a fine for a legal entity (from 5,000 EUR to 40,000 EUR) and a responsible person in a legal entity (from 500 EUR to 4,000 EUR), if the wholesale market participant does not notify REGAGEN about the execution of the transaction referred to in Article 10 paragraph 2 of the Law within 24 hours from the execution of that transaction.