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FCA Guides Employees On Avoiding Conflicts Of Interest

Law360, London (January 3, 2019, 6:13 PM GMT) -- The Financial Conduct Authority said it has instructed its staff to declare and surrender gifts worth more than £30 ($37.8) under a sweeping policy designed to tackle conflicts of interest at the regulator.

The authority said it issued the policy, which includes a ban on employees accepting gifts of money, after it carried out a review of its code of conduct.

“Following a recent review of our code of conduct we have renamed this the conflicts of interest policy to clarify its scope,” a spokeswoman for the FCA said Thursday. “The aim of the review was to make the policy clearer, easier...

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