The previous field “Function and reason for being an insider” has been divided into two
separate fields in the insider form:
- Reason for being an insider
- Function/Role of the insider
This distinction allows for a more precise explanation for each individual.
The function field is auto-filled for convenience, with only the reason field requiring updated input with every insider list, improving both data accuracy and compliance processes.
The fields concerned are merged in the export so that the ESMA technical standard is
maintained.