Inside guide to information control

Regulated firms have strengthened controls over inside information around public takeovers since the FSA focused on the topic in the July 2007 issue of Market Watch, number 21, according to the latest June 2008 edition. The newsletter notes the high level of turnover in Control Rooms and says that firms should “consider very carefully” whether temporary staff should be employed in the area or in corporate finance more generally. Recruitment agencies might be asked to carry out criminal record checks on candidates while senior employees in permanent positions may be subject to more thorough vetting than previously.