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;

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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 of the type described in sections 1043F and 1043G of the Corporations Act.

Examples of Chinese Walls in a sentence

• It may be necessary for information to be handled by different departments within Aston Lark Limited (commonly referred to as Chinese Walls).

• For this purpose, the Company has in place Chinese Walls procedures based on which no communicating of information and data between the various business units of the Company and especially, whether the Company’ s officers and employees have access to data in the possession of business units to which such access is not permitted.

• It may be necessary for information to be handled by different departments within Aston Lark Employee Benefits Limited (commonly referred to as Chinese Walls).

• Where it can clearly be demonstrated that the Chinese Walls have been observed, then no party on the ‘other side’ will be considered to have acted ‘with knowledge’ of the confidential information or inside information held by the other party.

• In particular, the necessary Chinese Walls shall be erected between the Reception & Transmission Department, the Execution Department and the Dealing on Own Account Department, as well as with the rest of the Company’s organisational units, so that to prevent the flow of confidential information in a way that may adversely affect the interest of the clients.

More Definitions of Chinese Walls

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;

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 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. 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: (a) we will provide services to you from time to time under these terms on the basis of the information known to the particular employees who are at the time handling your affairs; (b) we will not be required to have regard to or disclose to you or make use of any information known to those employees, or to any of our other employees, agents or affiliates, which belongs to or is confidential to another client, or to us or any agent or affiliate, or which is not known to those employees; and (c) in exceptional circumstances, we may be unable to deal with you in relation to particular investments and be unable to disclose the reason for this.

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 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 policies, procedures and physical arrangem ents designed to manage UPSI (defined hereinafter) and prevent inadvertent transmission or misuse thereof.