CIPR 3.5.5 Chinese walls
(1) An authorised firm must ensure that there are effective Chinese walls between different business areas of the firm in relation to information that could give rise to a conflict of interest, or that could be open to abuse.
(2) An authorised firm must ensure it has procedures, recorded in a durable medium, for maintaining the Chinese walls, setting out the consequences of a breach of the procedures. The firm must give a copy of the procedures to every member of the firm's governing body and every relevant employee.
|Derived from QFCRA RM/2019-2 (as from 1st January 2020).|