Personal transactions and inducements: financial services
Updating author: Michael Sholem, Macfarlanes
Consultant editors: Nick Thorpe
Summary
- Firms must maintain adequate arrangements to ensure that the personal transactions of their employees do not conflict with their duties to their customers. (See Personal transactions)
- The Markets in Financial Instruments Directive II (2014/65/EU) (MiFID II) created a separate regime for personal transactions for firms carrying on MiFID business. (See Personal transactions)
- The rules that apply to gifts and inducements for firms in relation to their non-MiFID business are different to those in relation to their MiFID business. (See Gifts and inducements)
- Third-party research will not be an inducement if certain conditions are satisfied. (See Gifts and inducements)
To continue reading, register for free access now.
Register now
Already a Brightmine HR and Compliance Centre user?
Log in
