Thematic Review of Conflicts of Interest

The Commission has today issued two thematic reports on Conflicts of Interest in both the Investment and Fiduciary sectors.

The Commission found that, in general, firms appropriately identify, manage and record conflicts of interest that arise during the course of doing business, using a combination of policies, procedures and periodic training. The Commission was encouraged to see examples of firms recording the specific controls that had been implemented to manage each conflict.

The report for the Investment sector can be found here, and the report for the Fiduciary sector can be found here. Both reports can also be found under Thematic Reviews on our Legislation and Guidance page.

All firms are encouraged to consider the contents of the relevant reports(s), particularly in relation to the areas to consider and the appendix which lists types of conflicts to consider when reviewing, updating or revising policies, procedures and controls.