Axi Conflicts of Interest Policy

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Meet regulatory requirements and provide a clear framework for managing potential conflicts. (correct)
Promote sales by avoiding structures that affect client interests.
Ensure all gifts received by employees are properly documented.
Insulate staff from all client interactions.

To determine under which conditions gifts and entertainment can be accepted or granted, identifying potential bias. (correct)
To set limits on the monetary value of gifts that can be accepted.
To ensure all gifts are shared equally among team members.
To encourage employees to accept gifts to build client relationships.

By promoting transparency in all business operations.
By insulating staff from conflicts and ensuring effective management through information barriers. (correct)
By allowing for a more relaxed approach to compliance.
By encouraging competition among different departments.

To maintain fair remuneration practices that don't encourage pressure selling. (D) Signup and view all the answers

Maintain records of conflicts identified, actions taken, and disclosures made. (C) Signup and view all the answers

Consider client sophistication and service complexity to determine appropriate disclosures. (A) Signup and view all the answers

Due to confidentiality or insider information concerns. (D) Signup and view all the answers

To promote fairness and professionalism in the provision of financial services. (C) Signup and view all the answers

Report the conflict using the Compliance Forms for Staff link on Galaxi. (A) Signup and view all the answers

An employee receiving inducements from a third party that could influence services provided to a client. (A) Signup and view all the answers

Axi or its related parties potentially gaining financially at a client’s expense. (D) Signup and view all the answers

Avoiding, controlling, and disclosing conflicts. (D) Signup and view all the answers

Identifying, assessing, and responding to conflicts, including disclosing them when necessary. (C) Signup and view all the answers

Disclosure provides transparency but doesn't always prevent unfair outcomes or influence mitigation. (C) Signup and view all the answers

Managing Axi’s Conflicts of Interest Register and routinely checking it for managing conflicts. (D) Signup and view all the answers

When providing the service would create an unavoidable and unmanageable conflict of interest. (D) Signup and view all the answers

Situations where interests of parties differ, potentially compromising objectivity.

Axi needs to identify and handle conflicts between the firm, employees, or connected parties and clients.

Axi must manage conflicts between different clients.

Gaining financially at a client's expense, prioritizing one client over another, or receiving inducements.