Chinese Walls definition

Chinese Walls means policies, procedures and physical arrangements designed to manage and safeguard UPSI (defined hereinafter) and prevent inadvertent transmission or communication thereof;
Chinese Walls means areas of the Company which routinely have access to confidential information, shall be considered "inside areas" and be separated from those areas which deal with sale/marketing/investment advice or other departments providing support services, considered "public areas" by a “Chinese Wall”.
Chinese Walls means an arrangement within the organisation of the regulated entity (or between the regulated entity and any associate of that regulated entity) which requires information held by the regulated entity (or as the case may be, any associate of that regulated entity, or a particular operating unit within the regulated entity or within any associate of that regulated entity in the course of carrying on one part of its business of any kind) to be withheld in certain circumstances from other operating units or from persons with whom it deals in the course of carrying on another part of its business of any kind;

Examples of Chinese Walls in a sentence

  • The code of conduct shall contain norms for appropriate Chinese Walls procedures, and processes for permitting any designated person to “cross the wall”.

  • Each such legal entity or division is run as a separate operational unit, segregated by information barriers (commonly called Chinese Walls) and run by different management teams.

  • The establishment of Chinese Walls is not intended to suggest that within insider areas material, confidential information can circulate freely.

  • The Employees within the inside area of the Chinese Walls have a responsibility to ensure the Chinese Wall is not breached deliberately or inadvertently.

  • Chinese Walls are also designed as a means of managing Conflicts of Interest.


More Definitions of Chinese Walls

Chinese Walls means the system of policies, procedures and physical arrangements used to manage Price Sensitive Information and prevent the inadvertent spread and misuse of the same, or appearance thereof.
Chinese Walls means an arrangement of the type described in sections 1043F and 1043G of the Corporations Act.
Chinese Walls. Means an arrangement within the organisation of a firm, or between a firm and any Associate of that firm, which requires information obtained by the firm or, as the case may be, associate in the course of carrying on one part of its business of any kind to be withheld in certain circumstances from persons with whom it deals in the course of carrying on another part of its business of any kind.
Chinese Walls means an established arrangement or series of arrangements within the Group, which requires that confidential or sensitive information held by employees in one part of the business is not disclosed or made available to employees in other parts of the organisation.
Chinese Walls means information barriers within an organization that are created to prevent exchanges of commercially sensitive information or communication that could lead to conflicts of interest and/or collusion;
Chinese Walls means organising the Bank in such a way that no confidential information filters between different operating entities, which must act independently of one another.
Chinese Walls. We maintain arrangements which restrict access by our employees to information relating to areas of our business (and that of affiliates) with which, and the affairs of clients with whom, they are not directly concerned. Accordingly: