Nevertheless, it is understood that Chinese walls
have been put in place to prevent any disclosure of the ongoing litigation to Mrs Tonks.
Once that happens the company is obliged under an amendment to its agreement with the US government to erect so-called Chinese walls
between its registry and registrar business so that its registrar does not gain an unfair advantage from being so close to the registry.
Acorporate culture was allowed to develop in these institutions where Chinese walls
were torn down as traders pressured staff to manipulate lending rates.
At present NSI is both the registry and registrar, but will have to erect so-called Chinese walls
between its two business to ensure that its registrar, WorldNic does not gain an unfair advantage from being so close to its registry.
These City types really must try harder to keep their affairs secret - or build Chinese walls
, as they say in the business.
He went on to speak about the industry's need for a permanent solution to terrorism risk, enhanced technology and strict compliance in the placement process - including "solid, impenetrable Chinese walls
between primary and reinsurance brokers.
Stuart Goodall, chief executive of Confor, which represents 2,000 forestry and woodusing businesses and has led opposition to the SEB proposal, said: "The idea of Chinese walls
But he wrote: "I am far from happy with the assurances I have been given or that this system of Chinese walls
Interesting that the Chinese walls
are starting to crumble.
Importantly, the decision to go with InterAction also hinged upon the system's ability to maintain legally and regulatory mandated Chinese walls
separating the advisory and securities sides of Bridgewell's business.
FaceTime's cutting edge proxy-mode IM gateway compliance features include: real-time Chinese walls
(also known as ethical boundaries) that prevent communications between groups that would constitute a conflict of interest according to SEC regulations; inline disclaimers that let message recipients know their sessions are being recorded; real-time content filtering and scanning to block inappropriate keywords and phrases before they are sent; and advanced scalability and stability of the IM gateway solution.
It has also insisted there were Chinese walls
between this and the chamber's acceptance of money from Variety FM to back its summer ball.