The following information is an extract of the Continuous Disclosure Policy of the ANZ Bank Ltd: Why does ANZ have this policy? This policy directs compliance by ANZ with the disclosure requirements of the securities exchanges on which ANZ’s securities are listed and of relevant corporations and securities legislation. ANZ is committed to acting in accordance with the regulatory framework relating to continuous disclosure and observing the spirit, intention and purpose of that regulatory framework. By applying this policy, ANZ makes full and timely disclosure of market sensitive information in accordance with the relevant legal and regulatory framework and provides an equal and timely opportunity to all stakeholders to access this information. Information is market sensitive if a reasonable person would expect that information to have a material effect on the price or value of ANZ's securities. Where information is required to be disclosed (and does not fall within one of the exceptions to the continuous disclosure requirements set out in the ASX Listing Rules), the information will be disclosed by ANZ in the first instance to the ASX and then to other overseas exchanges as appropriate. Key obligations Under this policy: • ANZ will immediately (that is, promptly and without delay) notify the market of market sensitive information concerning ANZ in accordance with the relevant legal and regulatory framework and as described in this policy; • all employees and contractors must inform the Company Secretary, or in their absence the Group General Counsel, of any potentially market sensitive information concerning ANZ as soon as they become aware of it; • in general, ANZ employees and contractors are not authorised to speak to the media, analysts, investors, brokers or other market related individuals without specific authorisation; • ANZ will not normally respond to market speculation and rumours unless required to do so by law or the ASX - for example, in order to prevent a false market in ANZ’s securities; • ANZ may request a trading halt or, in exceptional circumstances, a voluntary suspension, to prevent trading in ANZ's securities on an uninformed/misinformed basis. Required : Evaluate and explain both the purpose and principles of ANZ Bank’s Continuous Disclosure Policy from the perspective of capital markets research, that is the Efficient Markets Hypothesis (EMH) and the assumptions that are made about market efficiency.
The following information is an extract of the Continuous Disclosure Policy of the ANZ Bank Ltd:
Why does ANZ have this policy? This policy directs compliance by ANZ with the disclosure requirements of the securities exchanges on which ANZ’s securities are listed and of relevant corporations and securities legislation. ANZ is committed to acting in accordance with the regulatory framework relating to continuous disclosure and observing the spirit, intention and purpose of that regulatory framework. By applying this policy, ANZ makes full and timely disclosure of market sensitive information in accordance with the relevant legal and regulatory framework and provides an equal and timely opportunity to all stakeholders to access this information. Information is market sensitive if a reasonable person would expect that information to have a material effect on the price or value of ANZ's securities. Where information is required to be disclosed (and does not fall within one of the exceptions to the continuous disclosure requirements set out in the ASX Listing Rules), the information will be disclosed by ANZ in the first instance to the ASX and then to other overseas exchanges as appropriate.
Key obligations
Under this policy:
• ANZ will immediately (that is, promptly and without delay) notify the market of market sensitive information concerning ANZ in accordance with the relevant legal and regulatory framework and as described in this policy;
• all employees and contractors must inform the Company Secretary, or in their absence the Group General Counsel, of any potentially market sensitive information concerning ANZ as soon as they become aware of it;
• in general, ANZ employees and contractors are not authorised to speak to the media, analysts, investors, brokers or other market related individuals without specific authorisation;
• ANZ will not normally respond to market speculation and rumours unless required to do so by law or the ASX - for example, in order to prevent a false market in ANZ’s securities;
• ANZ may request a trading halt or, in exceptional circumstances, a voluntary suspension, to prevent trading in ANZ's securities on an uninformed/misinformed basis.
Required :
Evaluate and explain both the purpose and principles of ANZ Bank’s Continuous Disclosure Policy from the perspective of capital
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