Financial Services and Markets Act 2000

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For the purposes of this Part an insider is any person who has inside information—

(a)as a result of his membership of an administrative, management or supervisory body of an issuer of qualifying investments,

(b)as a result of his holding in the capital of an issuer of qualifying investments,

(c)as a result of having access to the information through the exercise of his employment, profession or duties,

(d)as a result of his criminal activities, or

(e)which he has obtained by other means and which he knows, or could reasonably be expected to know, is inside information.]

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