All Upcoming Courses > Courses by date > September 2010 > LCF761

Compliance Practice Management:
How to Manage Conflict of Interests  

Benjamin Bair Managing Director & Head of Compliance for Asia ex-Japan, Nomura
Farah Usmani Director, Asia Pacific Regional Head of Control Room, Credit Suisse
Date: 10 September 2010, Friday
Time: 9:30 am to 12:45 pm
Level: Standard
Accreditations:
CPD Law:   3.0
CPT SFC:   3.0
CFA CE / SER*:   3.0 / 3.0
Fee: HK$ 1,800
HK$ 1,530 - 15% off for members who register online
Certificate of Attendance: HK$30 for members who register online per course
HK$50 for non-members per course
Language: English
Course Code: LCF761
Venue: Courses & Seminars Limited
22nd Floor,
100 Queen's Road Central,
Hong Kong
MAP
   
Categories: Regulatory & SFC Compliance
  
*
As a participant in the CFA Institute Approved-Provider Program, C&S has determined that this program qualifies for 3 credit hours inclusive of 3 hours in the content area of Standards, Ethics, and Regulations (SER). If you are a CFA Institute mem¬ber, CE credit for your participation in this program will be automatically recorded in your CE Diary.

 
Course Details
In recent years, there has been ever increasing regulatory focus on Corporate Governance, Management Responsibility for internal controls/supervising conflicts, handling and protection of investors. The appropriate design and implementation of an appropriate compliance and control infrastructure for conflicts of Interest have therefore become an important focus for all licenced corporations in the financial services industry.
 
Highlights of the course include:

§       Framework for addressing conflicts

o      Identification: analyzing relationship between the firm, clients and employees

o      Resolution: disclosure, management or avoidance

§       Employee conflicts

o      Personal account dealing

o      External directorships

o      Outside business activities

o      Charitable and political activities

o      Gifts & entertainment

o      Use of Firm systems and facilities

o      Investment alongside the firm or clients

§       Organizational conflicts

o      Independence of control and back office functions

o      Information barriers / Chinese walls

o      Hedging activities / front running

o      Compensation and incentives

o      Reporting lines and organizational structure

o     Business internalization / cross-divisional referrals

o      Proprietary trading

o      Multiple roles in a single transaction

§       Client conflicts

o      Large position accumulation

o      Financing activist hedge fund positions

o      Key client programs

§       Case studies and practical examples