Central Bank fires warning shot across stockbrokers’ bows
Concerns include personal account dealing, gifts and entertainment, and intragroup relationships
It is good to see that feedback is being given to the stockbroking and investment industry by the Central Bank following a thematic conflict of interest (CoI) review. Otherwise specific findings would be made known only to the firms which fell short of the rules and expectations.
The Central Bank’s inspections said it “clearly identified that the majority of the firms reviewed were not operating in a CoI aware environment, and could not ...
