Ethics And Conflicts Of Interest

Question 1

What are the types of Market Abuse?

Answer 1

1. Insider Dealing
2. Unlawful Disclosure
3. Market Manipulation

Question 2

What does CASS protect?

Answer 2

CASS protects client assets.

Question 3

What do Disclosure Rules require?

Answer 3

Disclosure Rules require declaring conflicts clearly.

Question 4

What is the purpose of Personal Account Dealing?

Answer 4

Personal Account Dealing limits personal trades to avoid conflict.

Question 5

What are Inducements in the context of market regulations?

Answer 5

Inducements are gifts/commissions restricted to avoid bias.

Question 6

What does the OHTF decision-making model stand for?

Answer 6

OHTF stands for Open, Honest, Transparent, Fair.

Question 7

What does the PLUS decision-making model stand for?

Answer 7

PLUS stands for Policy, Legal, Universal, Self.

Question 8

When should you escalate an issue?

Answer 8

You should escalate an issue in case of breach of law/policy, risk of harm, or conflict of duty.