Asset-Specific Rule Configuration
Define asset-wise PA dealing rules aligned with MAS guidelines.
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Compliance
PA Dealing (International)
Personal Account Dealing and Trading Compliance Platform
PA Dealing (International) is a comprehensive, ready-to-use platform that streamlines employee trading compliance by tracking their investments, managing Restricted lists and even facilitating the storage and declaration of Unpublished Price Sensitive Information thus serving as an effective deterrent to insider trading.
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Enforced by the MAS under the Securities and Futures Act, PAD rules require institutions to uphold strict risk governance. Per the Guidelines on Individual Accountability and Conduct, Material Risk Personnel (MRPs) must maintain the highest ethical standards.
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Fully automate the pre-clearance workflow, instantly verifying against grey-lists and blackout windows.
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Seamlessly reconcile reported trades with broker contracts and BENPOS files to eliminate manual gaps.
Financial institutions and multinational listed companies face massive hurdles in tracking and regulating employee personal trading across global boundaries. Without a unified, automated system, manual review of paper forms and scattered broker contracts leads to undetected contra-trades, late disclosures, and regulatory penalties. PA Dealing (International) bridges this gap with an advanced compliance pipeline.
Key Features of PA Dealing (International)
Configurable Approval Workflows
Design MAS-compliant approval hierarchies with role-based routing and audit trails.
Compliance Dashboards & Visibility
Real-time dashboards for trades, approvals, breaches, and activity.
Automated Alerts & Audit Trail
Automated alerts with a complete, time-stamped audit trail.
Multi-Asset Class Coverage
Configure and monitor global personal account dealing from a single unified platform.
MAS-Aligned Contra & Holding Rules
Enforce customizable MAS-aligned contra trade and holding rules.
Our platform goes beyond basic logging. By establishing automated channels for trade pre-clearance, continuous holding disclosures, and direct API integrations with leading brokerages and custodians, PA Dealing (International) provides Compliance Officers with a powerful, real-time command center. With standard features like Benpos comparisons, automated email alerts, and an immutable log repository, we give your organization absolute peace of mind.
An enterprise-grade PAD evaluation framework should prioritize the following core features:
Automated Pre-Clearance & Rule Engine
The software should dynamically cross-reference employee trade requests against institutional restrictions before execution, preventing accidental violations.
- Dynamic List Integration: Real-time checking against Restricted Lists, Watch Lists, and Insider Lists.
- Granular Rule Configuration: The ability to configure complex rules based on Material Risk Personnel (MRPs), designation, asset class, holding periods (e.g., 30-day short-term trading bans), and blackout periods.
- Automated Decisioning: Instant approval or denial for standard requests, with automated escalation to compliance for edge cases, reducing turnaround friction for the front office.
Attestation & Disclosure Lifecycles
Regulatory compliance requires a clear, auditable paper trail of employee accountability.
- Scheduled Attestations: Automated workflows for quarterly, annual, or onboarding disclosures where employees verify their brokerage accounts, holdings, and close relatives/connected persons.
- Connected Persons Mapping: Capabilities to capture and monitor accounts held by spouses, dependent children, or entities controlled by the employee.
- Policy Acknowledgement: Integrated modules to distribute revised PAD policies and record legally binding electronic signatures.
Persona-Based UX & Interaction Design
A compliance system fails if it is too cumbersome for employees to navigate or too opaque for compliance teams to audit.
- Frictionless Employee Portal: A highly intuitive interface for users who can submit a pre-clearance request in seconds.
- Compliance Dashboard: A single quick to digest interface for auditors that highlights exceptions, pending approvals, and systemic risk trends without requiring tedious data queries.
Immutable Audit Trail & Regulatory Reporting
When regulators like MAS or SEBI conduct an inspection, the software must prove that risk governance protocols were actively functioning.
- Tamper-Proof Logs: A complete, time-stamped history of every pre-clearance request, the rule logic that allowed or blocked it, and any manual overrides by compliance practitioners.
- Regulatory Export Templates: One-click generation of localized compliance reports, structured perfectly for regulatory submissions, minimizing manual formatting work during tight inspection windows.
FAQs
What is PA Dealing (Personal Account Dealing)?
Personal Account Dealing (PA Dealing) refers to the trading of securities by employees (designated persons) of a financial institution or listed company for their own personal portfolios. To prevent conflicts of interest, market abuse, and insider trading, these trades are heavily regulated and require strict reporting and pre-clearance workflows.
Who is considered a Designated Person (DP) under PA Dealing rules?
Designated Persons typically include directors, promoters, key managerial personnel (KMP), and any employees who, by virtue of their position, have access to unpublished price-sensitive information (UPSI). The restrictions and reporting mandates also extend to their immediate relatives and other connected persons.
How does the Pre-Clearance workflow operate?
Before executing any personal trade, a Designated Person must submit a pre-clearance request through the platform. The system automatically cross-references the request against restricted grey-lists, active trading window closures, and transaction volume thresholds. Once validated, it is routed to the Compliance Officer for instant review and digital sign-off.
Why is cross-border/international compliance important for PA Dealing?
For multinational financial firms, employees might trade in overseas stock exchanges. PA Dealing (International) ensures that compliance policies (such as blackout periods, minimum holding tenures, and disclosure rules) are consistently applied across multiple jurisdictions, currencies, and international regulatory frameworks (e.g., SEBI, SEC, FCA).
How does the platform detect trade and disclosure violations?
The platform automatically cross-references and reconciles the employee's pre-cleared requests and submitted declarations against actual broker contract notes and the registrar's BENPOS (Beneficiary Position) files. This helps compliance officers instantly detect contra-trades, late disclosures, or unapproved trades.
Want to see all features in action?
Schedule a personalised walkthrough with our product team.
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