Define: Unpublished Price Sensitive Information (UPSI)
Unpublished Price Sensitive Information (UPSI) means undisclosed details linked directly or indirectly to securities, whose dissemination is likely to impact the securities' price.
Unpublished Price Sensitive Information (UPSI) means undisclosed details linked directly or indirectly to securities, whose dissemination is likely to impact the securities' price.
Relevant Circumstances
- When employees or insiders of a listed company may come into contact with confidential market information
- If disclosure controls and trading windows need to be put in place
- Where regulatory penalties for insider dealing make tight scoping essential