Reyker manages conflicts of interest in a number of ways. This policy comprises a list of criteria which help to identify the potential conflicts of interest which exist for Reyker.
Identifying the Conflicts
When identifying the types of conflict of interest which may arise, we take into account whether Reyker or an employee:
1. is likely to make a profit or avoid a loss at the expense of a client;
2. has an interest in the outcome of a service to the client;
3. has a financial or other incentive to favour the interest of another client;
4. could be in a position where its ability to act in a client's best interests is potentially affected by another matter.
Methods of Managing Conflicts
Reyker actively manages such conflicts of interest in order to minimize any material risk of damage to its clients.
Management of these risks is achieved by one or more of the following:
a. Chinese Walls – where information held by a person in one part of the business is withheld from them, or not to be used for people in another part of the business
b. Removal of direct remuneration links for employees
c. Promoting a culture of integrity
d. PA Dealing – policies and procedures are in place to monitor employees personal account dealing
e. Best Execution – our policies for acting in clients' best interests when passing orders to third parties for execution are designed to ensure that we meet our best execution obligations (more details are available from the Document Centre at www.reyker.com)
f. Inducements – employees must not solicit or accept any inducements which may conflict with our obligations to clients.
