The landmark decision of the House of Lords on conflicts of interest in Bolkiah v KPMG, closely followed by the very different conflict considered in the Pinochet case have sparked off massive interest and a series of judicial decisions in this area of the law. In consequence, professionals are under increasing pressure to examine their strategies for dealing with conflicts of interest and managing client confidentiality. Each professional sector is examined in detail and advice is offered on strategies for assessing and managing conflict situations. The authors offer answers to questions such as: what is a conflict and when does it arise? What are the consequences of acting despite a conflict? How do Chinese Walls operate and when are they permissible? What are the remedies for a client when his adviser acts for the other side?

(PART OF BUTTERWORTHS COMPLIANCE SERIES)Conflicts of Interest and Chinese Walls has been designed to bring you thorough yet concise coverage of the law and practice relating to the regulation of conflicts of interest, and in particular the device of Chinese walls.The work takes a practical and relevant approach in its analysis of conflicts of interest affecting financial intermediaries and other professionals operating in the financial services industry, and examines the issues of ensuring international co-ordination and dealing with regulators. The work also deals with the management of conflict, Chinese walls and other in-house procedures, together with a review of the means of addressing and resolving conflict.

This title examines in a practical manner the complex law and regulations that now exist in the United Kingdom, the United States of America and various other important jurisdictions concerning the concept of conflicts of interest and how the principles have been applied in the financial services industry

Conflicts of interest arise naturally in all walks of life, particularly in business life. As general and indeed inevitable phenomena, conflicts of interest should not be prohibited but properly managed. This book presents indepth analysis of such management in three areas of corporate governance where the conflict-of-interest problems are particularly acute: executive compensation, financial analysis, and asset management. ""Conflicts of Interest"" presents the results of a two-year-long research project bringing together academics and practitioners in both law and finance from Europe and the.

This book examines the law with regard to takeovers in England and Germany and the issues arising from cross-border mergers between them.

Increasingly governments worldwide are turning to the private sector to assist them in meeting their countries' infrastructure needs. The toolkit will assist governments in hiring and managing economic consultants, financial advisors and legal experts, as well as other specialists required to increase the role of the private sector in all infrastructure services. The boxed Toolkit, funded by the Public-Private Infrastructure Advisory Facility (PPIAF) and designed by the World Bank's Private Sector Advisory Services Department, includes a CD-ROM self-guided tour of the material, an Executive Summary for senior officials, and 3 volumes which contain detailed information on the following subjects: Volume 1: What is PPI and how can advisors help? - Module 1: Principles of selection for advisory services to support PPI - Module 2: Identifying the stages of PPI - Module 3: The role of advisors - Module 4: Defining the project and the contract - Module 5: Use of advisors for small-scale projects Volume 2: Donor agencies and the funding of PPI advisory services - Module 6: Funding agency requirements Volume 3: How to select and manage PPI advisors - Module 7: Selecting advisors - Module 8: Paying advisors for their advice - Module 9: Managing the PPI advisory services

Get It ALL With this Extensive Chinese Wall Guide. There has never been a Chinese Wall Guide like this. It contains 38 answers, much more than you can imagine; comprehensive answers and extensive details and references, with insights that have never before been offered in print. Get the information you need--fast! This all-embracing guide offers a thorough view of key knowledge and detailed insight. This Guide introduces what you want to know about Chinese Wall. A quick look inside of some of the subjects covered: Chinese wall - Popularization, Firewall, Great Wall of China, Investment bank - Conflicts of interest, Data leakage protection - Endpoint DLP (aka Data in Use ), Safe harbor (law) - United States, Clean-room reverse engineering, Great Wall of China hoax - Beginning, Bell-LaPadula model - Features, Dam - Earth-fill dams, Phoenix Technologies - Cloning the IBM PC BIOS, Chinese wall - Finance, Data loss prevention software - Endpoint DLP (aka Data in Use ), Investment banks, List of Mad Men characters - Megan Draper, List of Mad Men characters - Faye Miller, Clean room design, Chinese wall - Journalism, Chinese wall (disambiguation), Mad Men - Lead characters, Ray Wise - Television, Chinese wall (disambiguation) - In geography, Coutts - Clients, Providence, Rhode Island - Cityscape, Diedrich Bader - Filmography, BBDO - In popular culture, Chinese wall - Reverse engineering, Chinese wall - Law, Chinese wall - Computer security, Goldman Sachs - California bonds, Clean room design - Case law, Global Settlement - Enforcement actions, Chinese wall (disambiguation) - In media and entertainment, Investment banking, Securities research - Employment, Computer security policy - Hybrid policy model, Brewer and Nash model, Investment banks - Conflicts of interest, Proprietary trading - Conflicts of interest in proprietary trading, and much more...

The growth of financial conglomerates, offering a range of services hitherto unprecedented, has caused problems for regulators. While conglomerates bring with them many economic benefits (diversification of risk, economies of scope, etc), they also impose costs (systemic risk and conflict of interest abuses). This book explores ways in which regulators can ensure that the regulation imposed is sufficiently strong to eradicate these abuses, but at the same time sufficiently flexible to allow the benefits of conglomeration to be secured. The Chinese Wall-a regulatory mechanism aimed at stemming the flow of information from one department in a firm to another, and reconciling conflicts of interest more generally-is singled out for special treatment. The legal position of the device, which has become all the more important in the wake of the recent Law Commission inquiry into the relationship between the Financial Services Act 1986 (and the rules made under it) and the general law, is considered in detail. The author argues that an effective Chinese Wall will, in most cases, be legally sufficient to absolve a firm from potential liability at general law, but that there are situations where Chinese Walls are not satisfactory. Here the conglomerate will have to suffer the commercial disadvantages of being a fiduciary by adopting a different, albeit more restrictive, regulatory option.

With its unique contextual emphasis and authoritative commentary, Trusts Law: Text and Materials is a book that no serious undergraduate on trust law courses can afford to be without. The book is divided into four main parts: trusts and the preservation of family wealth; trusts and family breakdown; trusts and commerce; and trusts and non-profit activity. Within each of these parts, leading cases, statutes, and historical and research materials are placed alongside the narrative of the author's text to give emphasis both to general theories of trust concepts and to the practical operation of trusts. Attention is also given to important themes such as the developing relationship between trusts law and other areas of private law such as the Law of Restitution. This new edition takes account of all relevant judicial and legislative developments since the third edition, and expands discussion of key themes in current developments of the law.