Documenti di Didattica
Documenti di Professioni
Documenti di Cultura
How to treat
‘Restricted Information’
AlphaSights Ltd.
Registered in England No. 6534480. VAT No. GB937 4887 66
2
Overview
During Interactions, you should not ‘Restricted Information’ is defined as any information Three main types of Restricted Information are
that you have a contractual, fiduciary or other legal covered in these Notes: Material Non-public
discuss or disclose Restricted
duty not to disclose to third parties. Information, Confidential & Proprietary Information
Information about any company or and our Client’s Information. These are discussed
security. AlphaSights serves a global client base that includes below.
the world’s leading private equity firms, asset
managers, strategy consultants and corporate
executives.
As well as Material Non-public Information, there categories of information only, namely (i) your Box 2
may be other information in your possession that you general skills, experience and perspectives and (ii)
have a duty to keep confidential, for example public information.
Could it be Confidential?
because of an employment, consultancy or
severance agreement you may have. If you are asked a question during an Interaction that Unless already in the public domain, the following
would require the disclosure of Confidential or (non-exhaustive) types of information are highly
likely to be confidential/proprietary:
Definition Proprietary Information, you should refrain from
answering that question. As a condition to using our • Financial information, including, revenues,
service, our clients are prohibited from knowingly profits, losses and margins
As a general rule, information will be confidential
and/or proprietary if: soliciting confidential/proprietary information so they • Internal forecasts, projections or results
will understand if there are topics that you cannot
• Customer lists, contact details and sales
• you received it in confidence; discuss. volumes
• Existence and status of contractual
• you agreed in writing or orally to keep it If you are in any doubt about whether information is
negotiations
confidential; or confidential, you should obtain clarification from that
information’s owner, before disclosing it to our • R&D, product innovation and pending IP
registrations
• it relates to your employer. Client. In the absence of any indication to the
contrary, our Client will assume that you were • Clinical trial results/progress
Only you can assess definitively whether a piece of entitled to disclose any information they receive from • Supplier relationships
information is confidential/proprietary but it is likely you.
• Changes in management, actual or planned
to include trade secrets, customer lists, specific
Financing arrangements, actual or planned
marketing, sales and product information and detail Consequences of Disclosure •
about business processes and corporate strategy. It • Other information concerning specific
will not generally include (i) your overall skills, As with Material Non-public Information, if you business processes or corporate strategy
experience and perspectives based on your career to disclose Confidential and/or Proprietary Information
date or (ii) information that is in the public domain. to our Client, they will be prohibited from acting on
this information and may, as a result, not be able to
(See Box 2 below for more information.) pursue a planned investment opportunity, whether it
relates to public or private securities.
How to treat Confidential Information
The owner of the confidential/proprietary information
When engaging in Interactions with our Client, you could also have a claim against you in relation to its
should limit what you discuss to permitted disclosure.