Regulation & Compliance

Chinese Wall

Definition

What is Chinese Wall?

Information barriers intended to prevent confidential information moving between business units.

Example in practice

Advisory staff cannot share takeover details with traders.

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A legal or ethical duty to act loyally and carefully in another person's best interest.

The requirement or process of determining whether an investment fits a client's circumstances and objectives.

A duty to place the client's interests ahead of the provider's when making a recommendation.

Nigeria's principal securities exchange, where listed shares, bonds, ETFs, and other instruments trade.

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