Chinese Wall definition

Chinese Wall means the limit up to which information may be revealed by an Insider in furtherance of the Insider’s legitimate purposes, performance of duties or discharge of his legal obligations.

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Chinese Wall means a barrier especially to the passage of information or communication.

Chinese Wall means all information shall be handled within the organization on a need to know basis and no UPSI shall be communicated to any person except in furtherance of the insider’s legitimate purposes, performance of duties or discharge of his legal obligations.

Examples of Chinese Wall in a sentence

• Bank shall not be held responsible for and shall not be required to have regard to information held by any person by imputation or information of which Bank is not aware by virtue of a "Chinese Wall" arrangement.

• MLIB, MLF and MLFIP shall observe the "Chinese Wall" procedures set forth in Appendix II hereto in order to ensure that information relating to Clients' F/X trades will not be misused or misappropriated.

• Bank shall not be held --------------------------------- responsible for and shall not be required to have regard to information held by any person by imputation or information of which Bank is not aware by virtue of a "Chinese Wall" arrangement.

• If an analyst has been taken over the Chinese Wall and become privy to unpublished price-sensitive information he will be unable to comment on the matter in question until such time as the information is either time-expired or has been made public.

• However, from time-to-time our investment analysts may be brought over the Chinese Wall to advise the Corporate Finance department; this is a controlled and fully documented process requiring the prior approval of Management and Compliance.

More Definitions of Chinese Wall

Chinese Wall means an information barrier of the Designated Person that safeguards and handle the un-published price sensitive information within the organisation on need to know basis and prevents any communication except in furtherance of legitimate purpose, performance of duties or discharge of legal obligations. .

Chinese Wall means policies, procedures and physical arrangements designed to manage and safeguard UPSI and prevent inadvertent transmission or communication thereof;

Chinese Wall means reasonably effective procedures established and maintained by a Person (the “First Party”) to ensure that employees or other agents (other than any third party advisor that has a professional obligation of confidentiality with respect to the First Party (provided that such First Party shall enforce such professional obligations against such third party advisor in the event of any breach thereof)) of another Person (the “Second Party”), or any Affiliate or Related Fund of the Second Party (other than the First Party), do not gain access to, or are not furnished with, confidential information of, or competitively sensitive information relating to, NGR Management and its Subsidiaries that is in the possession of the First Party.

Chinese Wall means the legal barrier that prevents information originating in the pension fund arm of a financial group to be used by other financial institutions of the same group to avoid the use of inside information;

Chinese Wall means an arrangement which requires information obtained by a financial institution in the course of carrying on one part of its business to be withheld in certain circumstances from those with whom it deals in the course of carrying on another part of its business.

Chinese Wall means an organizational structure that satisfies each of the following conditions:

Chinese Wall means an arrangement within the organisation of a licensed person or between a licensed person and any associate of that licensed person, which requires information obtained by the licensed person 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;