Structured Digital Database Under PIT - Practical Challenges, Solutions and Best Practices

Welcome to our critical webinar: Structured Digital Database under PIT: Practical Challenges, Solutions & Best Practices! 📈🔒

The Structured Digital Database (SDD) is a non-negotiable compliance requirement under the SEBI (Prohibition of Insider Trading) (PIT) Regulations, 2015. It is designed to be a tamper-proof electronic repository of all Unpublished Price Sensitive Information (UPSI), crucial for tracking the flow of sensitive information and preventing insider trading.

While the legal mandate is clear, companies often face significant practical challenges in its implementation and maintenance. This session will provide a deep dive into these real-world issues, offering actionable solutions and best practices to ensure seamless and robust compliance.

In this webinar, our experts will delve into:

Understanding the SDD Mandate: A concise overview of the legal framework under Regulation 3(5) of the SEBI (PIT) Regulations and its core purpose.

Who is Responsible?: Clarifying the responsibilities of listed entities, intermediaries, fiduciaries, and other connected persons.

Key Requirements: A detailed breakdown of what must be captured in the SDD, including the nature of UPSI, details of persons sharing and receiving it, and audit trails.

Practical Challenges on the Ground:

Managing "short-lived" UPSI (e.g., dividend declarations).

Identifying and recording every instance of internal and external sharing.

Ensuring the non-tamperable nature of the database without the right tools.

Navigating the responsibilities of multiple departments (Legal, Finance, CS).

Actionable Solutions & Best Practices:

The crucial shift from manual tracking (like Excel sheets) to dedicated, automated software solutions.

Implementing robust Standard Operating Procedures (SOPs) for all UPSI-related events.

Establishing clear communication protocols and defining the roles of all stakeholders.

Ensuring the SDD meets all technical requirements, including time-stamping, access controls, and a non-tamperable audit trail.

Consequences of Non-Compliance: A discussion on the penalties and scrutiny from SEBI and stock exchanges, including the mandatory submission of compliance certificates.

Who should watch:

Company Secretaries & Compliance Officers
CFOs and Finance Professionals
Legal & Corporate Affairs Teams
Board Directors & Senior Management
Auditors, Fiduciaries & Intermediaries
Students and Aspirants in Corporate Law and Compliance.

Key takeaways:

Gain a clear understanding of the legal requirements and practical challenges of the SDD.

Learn how to identify and implement best practices for seamless compliance.

Discover technological solutions that simplify the SDD management process.

Strengthen your organization's insider trading control framework and mitigate regulatory risk.

Don't miss this essential session to ensure your company's SDD is not just compliant on paper, but robust in practice!

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