Labuan Financial Services and Securities Act 2010 · Updated to 15 Oct 2022 · Part IX
152. “Price-affected securities” and “price-sensitive information”
Feedback & supportSecurities are “price-affected” securities in relation to inside information, and inside information is “price-sensitive” in relation to securities, if and only if the information would, if made public, be likely to have a significant effect on the price or value of the securities.
securities
“securities” means any investments commonly known or capable of being described as securities, and includes— (a) shares, debentures, funds, units, interests in a limited partnership or limited liability partnership or unit trust or foundation or protected cell company or corporation; (b) debentures, bonds or notes of or issued by any body (incorporated or unincorporated), government, local government or public authority; *NOTE—The Exchange Control Act 1953 has since been repealed by the Financial Services Act 2013 which comes into operation on 30 June 2013—see sections 271 and 272…