風(fēng)險管理與合規(guī)-Slide1課件

風(fēng)險管理與合規(guī)-Slide12024/3/14風(fēng)險管理與合規(guī)-Slide1Complianceadvisesoncompliancerisk

合規(guī)對合規(guī)風(fēng)險提出建議Complianceriskistheriskof:

legalorregulatorysanctions,

materialfinancialloss,or

harmtoreputation

thatabankmaysufferasaresultofitsfailuretocomplywithrelevantlaws,regulations,principlesandrules,standardsandcodesofconductapplicabletoitsactivities,inletterandinspirit.合規(guī)風(fēng)險是指，由于未遵照適用于公司活動的相關(guān)法律、法規(guī)、原則、法則、行為規(guī)范與準(zhǔn)則，公司可能會遭受法律或法規(guī)的制裁，物質(zhì)上的財務(wù)損失，或者使聲譽受損的風(fēng)險。

風(fēng)險管理與合規(guī)-Slide1Provideadvisoryandobjectivesupport提供咨詢和客觀支持Alignwiththebusinessandhelpprovideindependentviewandadviceontheexecutionofstrategyandoncase-specificissues根據(jù)公司業(yè)務(wù)，提供有關(guān)戰(zhàn)略執(zhí)行和具體案例方面的獨立觀點和建議Understandstrategyandbusinessandapplythisunderstandinginitsrisk-basedapproachtoensurethatproportionatemeasuresaretakentocomplianceissuesandrisk理解公司戰(zhàn)略和業(yè)務(wù)，并將這一理解應(yīng)用于基于風(fēng)險的方法，以此確保對合規(guī)問題和合規(guī)風(fēng)險已采取了適當(dāng)?shù)拇胧㊣mplementbusinessspecificlawsandregulations實施與業(yè)務(wù)相關(guān)的法律法規(guī)Provideguidanceandsupportonissuesrelatedtolawsandregulations對與法律法規(guī)相關(guān)的問題提供指導(dǎo)與支持Monitortheexecutionofinitiativesandensureallactivitiesarecompliantwithrelevantpoliciesandprocedures監(jiān)控倡議的執(zhí)行情況，確保所有活動都遵照相關(guān)政策和程序Assistmanagementinmanagingrisktothebusiness協(xié)助管理層管理業(yè)務(wù)風(fēng)險AssistManagementinidentifying,measuringandmitigatingcompliancerelatedrisk協(xié)助管理層發(fā)現(xiàn)、測量并減少合規(guī)風(fēng)險Partnerwiththebusinessinmonitoringlevelofriskstohelpachievesuccessfulimplementationofstrategicinitiatives和業(yè)務(wù)一起監(jiān)控風(fēng)險水平，幫助公司成功實施戰(zhàn)略倡議Complianceprovidesacentralroleinmonitoringdeliveryandminimisingrisk合規(guī)在監(jiān)控公司行為和使風(fēng)險最小化上扮演著重要作用風(fēng)險管理與合規(guī)-Slide1Businessisfirstlyresponsible

業(yè)務(wù)部應(yīng)負(fù)首要責(zé)任Complianceisintendedforsupport合規(guī)意在為公司運營提供支持WhoisresponsibleforCompliance誰該負(fù)責(zé)合規(guī)工作？風(fēng)險管理與合規(guī)-Slide1KeyComplianceAreas:

關(guān)鍵的合規(guī)領(lǐng)域：III.MarketConduct市場行為I.ClientAcceptanceandAnti-MoneyLaunderingPolicy

客戶接受度與反洗錢政策(CAAML)II.DealingwithCustomers

與客戶打交道ClientAcceptanceandAnti-MoneyLaundering客戶接受度與反洗錢Sanctions制裁ConflictsofInterest利益沖突ChineseWalls中國墻MarketAbuse市場濫用IV.OtherCompliancetopics其他合規(guī)話題PersonalAccountDealingPolicy個人賬戶處理政策GiftPolicy/BriberyandCorruption送禮政策/賄賂與腐敗Whistleblowing揭發(fā)WhenyouneedtoNotifyCompliance何時需注意合規(guī)Confidentiality機(jī)密性Communication&Marketing溝通與營銷ClientClassification客戶分類Suitability適宜Appropriateness得當(dāng)Recordkeeping檔案保管風(fēng)險管理與合規(guī)-Slide1I.ClientAcceptanceandAnti-MoneyLaundering(CAAML)Policy客戶接受度與反洗錢政策KYCKnowYourCustomer了解你的客戶ClientAcceptance/DueDiligence客戶接受度/盡職調(diào)查MoneyLaundering&TerroristFinancing洗錢與恐怖份子籌資活動Sanction制裁風(fēng)險管理與合規(guī)-Slide1IdentificationVerificationRiskAssessmentTransactionSurveillanceRiskRe-assessmentReviewRelationshipAMLRISK反洗錢風(fēng)險Geography地域Industry行業(yè)Product產(chǎn)品ClientlifeCycle客戶的生命周期Exit?退出？231InitialRisk

Assessment:ClientAcceptanceAndKnowYourCustomer初始風(fēng)險評估：客戶接受度，了解你的客戶OngoingRiskAssessment:進(jìn)行中的風(fēng)險評估：Anti-MoneyLaunderingCAAML/Sanctions反洗錢/制裁PeriodicalRiskRe-assessment(orchangeinclientprofile/incidental)定期風(fēng)險再評估（或客戶情況/附帶事件的變化）交易監(jiān)測風(fēng)險評估核實識別風(fēng)險再評估關(guān)系考察風(fēng)險管理與合規(guī)-Slide1KnowYourCustomer:

了解你的客戶：CustomerIdentificationallowsthebanktohaveconfidenceintheintegrityofthepersonswithwhomtheytransactbusiness客戶鑒別使得銀行能相信與他們進(jìn)行交易的人的誠信度Requiresemployeestoobtaininformationidentifyingtheircustomers要求員工獲取鑒別客戶的信息Requiresemployeestoverifythatcustomersarewhotheysaytheyare要求員工核實客戶資料的可靠度Theseresponsibilitiescontinuethroughoutthelifeofourrelationshipwithacustomerandapplytoeverytransaction這些職責(zé)貫穿于我們與客戶打交道的整個過程，適用于每次交易風(fēng)險管理與合規(guī)-Slide1MoneyLaundering&TerroristFinancing

洗錢及恐怖分子籌資活動“MoneyLaundering”istheintroductionofillegallygainedassetsintothelegalfinancialsystemwiththeaimofconcealingordisguisingtheirtrueorigin.“洗錢”是將非法獲得的資產(chǎn)融入合法的金融體系中，目的在于隱瞞或者掩飾它們的真實來源。MoneyLaunderinggenerallytakesplacein3steps:洗錢活動一般分三步進(jìn)行：Placement放置“theintroductionofillegallygainedassetsintothelegalfinancialsystemwiththeaimofconcealingordisguisingtheirtrueorigin.”將非法獲得的資產(chǎn)融入合法的金融體系中，目的在于隱瞞或者掩飾它們的真實來源Layering移轉(zhuǎn)“thesourceoftheillegallyobtainedfundsisobscuredthroughasuccessionoftransfersandtransactionstogivethemappearanceoflegitimacy”通過連續(xù)轉(zhuǎn)移和交易將非法獲得的資金的來源模糊化，使它們看起來合法Integration整合“Inorderthatthosesamefundscaneventuallybemadetore-appearaslegitimateincome.”使這些資金最終以合法收入的身份再次出現(xiàn)風(fēng)險管理與合規(guī)-Slide1ExamplesofothersourcesforMoneyLaundering&TerroristFinancing

洗錢及恐怖分子籌資的其他來源舉例Drugs毒品Prostitution賣淫IllegalWorkers(Humantrafficking)非法勞工（販賣人口）Fraud欺騙Theft偷竊Smugglinggoodsand/orarms走私商品/武器TaxFraud稅務(wù)行騙CounterfeitingCurrency偽鈔Kidnapping綁架Extortion敲詐勒索IllegalGambling非法賭博EnvironmentalCrimes環(huán)境犯罪風(fēng)險管理與合規(guī)-Slide1Sanctions制裁Twomajorfinancialmarkets,theEUandtheUS,applyeconomicsanctionsincertaincasesagainstparticularcountriestosupporttheirforeignpolicyobjectives.在某些情況下，歐盟和美國兩大金融市場對特定國家實施經(jīng)濟(jì)制裁來支持其外交政策ViolatingEUorUSsanctionlawscanputabank’scustomersatriskofincompletetransactions,frozenassetsorcriminalandcivilpenaltiesandexposeourbank/employeestoliability.

違反歐盟或美國的制裁法會將一家銀行的客戶置于不完全交易、凍結(jié)資產(chǎn)或者刑事和民事處罰的風(fēng)險之中，使銀行/雇員承受債務(wù)ParticularvigilanceisneededwhenatransactioncontainsasocalledCSI(CubanSudaneseorIranian)element.

當(dāng)一個交易牽涉所謂的CSI（古巴、蘇丹或伊朗）時，需要特別警惕VigilanceisalsoneededwhendealingwithMyanmar.

和緬甸打交道時也要非常注意風(fēng)險管理與合規(guī)-Slide1TransactionSurveillance交易監(jiān)控Transactionfiltering交易過濾Filterpre-transactioncross-borderactivitytocomplywithOFAC,EUandotherSanctions(immediateactiontopreventtransactionsfrombeingprocessed)濾除交易前的跨國活動以遵守外國資產(chǎn)管制處、歐盟及其他制裁（防止交易被處理的立即行動）Transactionmonitoring交易監(jiān)測Monitorpost-transactionactivitytodetectunusualbehaviourwhichrequiresfurtheranalysis(observationandinvestigationaftertransactionshappen);moresubjective監(jiān)測交易后的活動以發(fā)現(xiàn)需要進(jìn)一步分析的異常行為（交易發(fā)生后的觀察與調(diào)查）；更主觀風(fēng)險管理與合規(guī)-Slide1II.DealingwithCustomers

與客戶打交道Confidentiality機(jī)密性ClientClassification客戶分類SuitabilityofAdvice建議的適宜性Appropriateness適當(dāng)MarketingCommunication營銷溝通RecordKeeping檔案保管風(fēng)險管理與合規(guī)-Slide1Confidentiality機(jī)密性Whatinformationisconfidential?

哪些信息是機(jī)密的？Allinformationrelatedtoabankthathasnotbeenmadepublic

(includinginternalmemos,policies,creditapplications,employeeandsupplierdata)

所有與銀行相關(guān)的未公開的信息（包括內(nèi)部備忘錄、政策、員工及供應(yīng)商資料）Allnon-publicinformationaboutexistingandprospectiveclients

所有有關(guān)現(xiàn)有和潛在客戶的非公開信息

風(fēng)險管理與合規(guī)-Slide1Confidentialityandcommonsense

機(jī)密性與常識Becarefulwithconfidentialdocumentsinpublicplaces(sameappliestolaptops)公共場合注意機(jī)密文檔的處理（同樣適用于筆記本電腦）Becarefulwithconversationswhileinthepresenceofothers(alsoonmobilephones)有他人在場時（手機(jī)接聽電話時）注意談話內(nèi)容的保密Clearyourdeskattheendofyourworkingdayofanysensitivedocuments工作日結(jié)束時注意清理桌面上的任何機(jī)密文檔Nevershareyouruser-idandpasswordwithothers不要和他人共用你的用戶名和密碼風(fēng)險管理與合規(guī)-Slide1MiFID:MarketsinFinancialInstrumentsDirective:StringentNEWrulesimposedonallFinancialInstitutionsdealingwithCustomersandMarketsinallEEAcountries(EU+Norway,LiechtensteinandIceland)MiFID:金融工具市場法規(guī)：-對所有EEA國家（歐盟+挪威、列支敦士登、冰島）中與客戶和市場打交道的金融機(jī)構(gòu)施加的嚴(yán)格的新規(guī)則BIGBANG!大爆炸！

November

20072007年11月

MiFIDMiFID風(fēng)險管理與合規(guī)-Slide1MiFIDhighestimpactareasforABNAMRO

MiFID對荷蘭銀行施加的最高影響領(lǐng)域ClientClassification:Determinestheclientslevelofinvestmentprotection.客戶分類：決定投資保護(hù)的客戶水平BestExecution:Gettingtheclientthebestresultwhichcouldbeacombinationofprice/cost/speedofexecution,etc…最佳執(zhí)行：為客戶獲得最佳結(jié)果，可能是價格、成本、執(zhí)行速度等的組合MarketingandCommunication:Mustbeclear,fairandnotmisleading.營銷與溝通：必須清楚、公正、不具誤導(dǎo)性Appropriateness:(NonadvisedServices)Makingsure(bycarefullyrecording)thattheclientunderstandstheproductsandtherelatedrisks適當(dāng)性：（非咨詢的服務(wù)）（通過仔細(xì)記錄）確保客戶明白產(chǎn)品及相關(guān)風(fēng)險Suitability:Advisetheclient’whatsuitstheclientsbestinterestsgiventheir:適宜性：向客戶建議什么是最適合他們的最佳利益的，依據(jù)：Investmentpurpose投資目的Assets資產(chǎn)Income收入Riskappetite風(fēng)險喜好風(fēng)險管理與合規(guī)-Slide1MiFIDClassification:Whattypesofclientsdowedealwith?Andwhyisitimportanttoclassifythem?

MiFID分類：我們與哪些類型的客戶打交道？為什么客戶分類很重要Sizeandexperience規(guī)模和經(jīng)驗LevelofProtection保護(hù)水平LargeCompanies大公司SmallCompanies小公司RegulatedFirms規(guī)管公司Individuals個人Retail零售Professional專業(yè)Eligiblecounterparty符合條件的對手風(fēng)險管理與合規(guī)-Slide1Terminology術(shù)語Suitability適宜度Appropriateness合適度NonAdvisedServices

非咨詢服務(wù)AdvisoryServices咨詢服務(wù)Doeseachtransactionmeettheclient’sobjectivesandriskprofile?每次交易都達(dá)到了客戶的目標(biāo)和風(fēng)險概況了嗎？Doestheclientunderstandtherisksoftheproductsbeingsold?客戶明白出售的產(chǎn)品的風(fēng)險嗎？風(fēng)險管理與合規(guī)-Slide1Appropriateness–Informationrequired

合適度–信息必須的Appropriateness合適度NonAdvisedServices

非咨詢服務(wù)Suitability適宜度AdvisoryDiscretionary咨詢酌情考慮Owedto‘Professional’and‘Retail’clients歸功于專業(yè)和零售客戶Assess:評估：Knowledgeandexperience知識與經(jīng)驗Canbeassumedforprofessionalclientsbutonlyinrelationtothoseproducts/servicesortransactionsforwhichwehaveclassifiedthemasprofessionals(unlessyouunderstandtherisks).可以推測專業(yè)客戶的知識與經(jīng)驗，但是僅在有關(guān)產(chǎn)品/服務(wù)或者交易的方面風(fēng)險管理與合規(guī)-Slide1Whatifitisnotappropriateandtheclientinsists?

如果不合適而客戶卻堅持己見，怎么辦？Canyoudeal?這個交易你能做嗎？Yes,solongaswrittenwarningisprovided可以，只要有書面警告風(fēng)險管理與合規(guī)-Slide1Suitability適宜度Whatisadvice?咨詢建議是指？Personalrecommendationthatisadviceoninvestments(e.g.buy/sell/hold)對投資的個人建議（如購買、拋售、持有）Presentedassuitablefortheperson;or適合于個人的，或者Basedonaconsiderationofthecircumstancesoftheperson基于對個人請況的綜合考慮的Wheretheclientcanreasonablyassumeitisarecommendation客戶能將之當(dāng)作建議的Suitability適宜度AdvisoryDiscretionary咨詢酌情考慮Owedtoalladvisoryclients歸功于所有咨詢客戶Appropriateness合適度NonAdvisedServices

非咨詢服務(wù)風(fēng)險管理與合規(guī)-Slide1SuitabilityofAdvice建議的適宜度Abankmayonlygive:銀行可能會給出：-investmentadvicetoaclientor投資建議，或者-effectadiscretionaryinvestmenttransaction影響任意的投資交易whenthisis“suitable”giventheclient’sneedsandpersonalcircumstances.只在這些建議適合客戶的需求和個人情況時Suitabilitymustbeassessedbasedon:適宜度需根據(jù)以下條件來評估：theinformationdisclosedbytheclient,and/or客戶透露的信息，和/或clientinformationthebankreasonablyshouldhavebeenawareof.銀行應(yīng)該注意到的客戶信息Incaseofnonadviceforaclient,nosuitabilitycheckneedstotakeplace.如果對客戶沒有做出任何建議，不需檢查其適宜度風(fēng)險管理與合規(guī)-Slide1SuitabilityofAdvice:Informationfrom/toclient

建議的適宜性：來自/給予客戶的信息

Beforethebankgivesinvestmentadviceitmustcollectandretainsufficientinformationfromtheclienton:在銀行給出投資建議前，必須從客戶那里收集并保留足夠的如下方面的信息：-his/itsinvestmentexperienceandknowledgeofproductsandrisksattached投資經(jīng)驗和對產(chǎn)品及其風(fēng)險的了解水平-theinvestmentobjectives投資目標(biāo)-thefinancialsituationandpersonalcircumstances經(jīng)濟(jì)狀況和個人情況-theclient’sriskappetite客戶的風(fēng)險喜好Alsotheclientmustbeabletotakeaninformeddecisionandthereforemustbegivensufficientinformationon:客戶還需能夠做出明達(dá)的決定，因此，必須給其足夠的如下方面的信息：-productcharacteristicsincludingriskprofile,pricingandcosts產(chǎn)品特征，包括風(fēng)險概況、定價和成本Allinformationprovidedmustbefair,clearandnotmisleading.提供的所有信息需公正、明晰、不具誤導(dǎo)性風(fēng)險管理與合規(guī)-Slide1Isthisadvice?這是建議嗎？Wehaveanumberofmarketprotectionstructuredproducts.Thesecangivetheupsidepotentialwithoutthedownsiderisk.ShallIsendsometermsheetsthrough?我們有一些保護(hù)收益的結(jié)構(gòu)性理財產(chǎn)品。他們都具有成長潛力，沒有下跌風(fēng)險。給您一些資料單行嗎？Nonadvice非建議Advice建議風(fēng)險管理與合規(guī)-Slide1Inviewofyourcurrentportfolioandriskappetite,Ithinkthemostappropriateinvestmentwouldbeoneofourmarketprotectionstructuredproducts.Thesecangivetheupsidepotentialwithoutthedownsiderisk.IntermsofyourcurrentallocationsIreckonthat50-60mwouldeffecttheshiftinfrontierthatyouwant.鑒于您目前的投資組合和您的風(fēng)險喜好，我認(rèn)為最適合的投資是我們的保護(hù)收益的結(jié)構(gòu)性產(chǎn)品。他們能保持成長潛力，而沒有下跌風(fēng)險。您目前的配置方面，我想5000-6000萬會得到您想要的最佳收益。Nonadvice非建議Advice建議風(fēng)險管理與合規(guī)-Slide1Irememberourchataboutairlines,acoupleofweeksagoandtheupsidefollowingtheslideinoil.WethinkBlueSkyAirlinesnowhavetherightstrategyinplaceandyoushouldgivethemago.我記得幾周前我們聊過航空公司，在石油股下跌后會有哪些上升行情。我們覺得BlueSky航空公司實施的戰(zhàn)略非常到位，您應(yīng)該試一試這只股票Nonadvice非建議Advice建議風(fēng)險管理與合規(guī)-Slide1Keeprecordswhereadviceisgiven

給出建議時請做好記錄Theclient’sfinancialobjectivesmustberecorded必須記錄客戶的理財目標(biāo)Theadvicemustberecorded必須記錄給出的建議Thereasonswhyyouconsidertheadvicemeetstheclient’sfinancialobjectivemustberecorded必須記錄你為什么認(rèn)為該建議滿足客戶的理財目標(biāo)Suitability適宜度NonAdvisedServices

非咨詢服務(wù)AdvisoryPortfolioManagement咨詢服務(wù)：投資組合管理Appropriateness合適度風(fēng)險管理與合規(guī)-Slide1III.MarketConduct市場行為ConflictsofInterest利益沖突ChineseWalls中國墻ControlRoom控制室MarketAbuse市場濫用風(fēng)險管理與合規(guī)-Slide1ConflictsofInterest利益沖突Forexample:例如：personal/bankinterest個人利益/銀行利益bankinterests/clientsinterest銀行利益/客戶利益-betweenclients客戶之間的利益Manageconflictsofinterestproperly妥善管理利益沖突Betransparentandreportinternally透明化，內(nèi)部匯報Reallocateresponsibilities重新分配職責(zé)Informclient/askconsentifappropriate如果適當(dāng)，告知客戶/征得客戶的同意風(fēng)險管理與合規(guī)-Slide1ChineseWalls中國墻

WhatareChineseWalls?什么是中國墻？Barrierscreatedtorestrictorpreventmovementofinformationwithinthebank,tohelpmanageconflictsofinterestandprotecttheconfidentialityofclientinformation.為限制或防止信息在銀行內(nèi)流通而制造的障礙，幫助管理利益沖突，保護(hù)客戶信息的機(jī)密性Whatdotheylooklike?特征？physical物理上organisational組織上procedural程序上operational操作上

風(fēng)險管理與合規(guī)-Slide1ChineseWalls

Privatevs.Publicside(Continued)

中國墻：私人方面VS.公共方面（續(xù)）CommercialClients商業(yè)客戶GlobalClients全球客戶GlobalMarketsStructuredFinance全球市場結(jié)構(gòu)性金融TransactionBanking交易ChineseWallGlobalMarketsSales/Trading全球市場銷售/交易GlobalMarketsResearch全球市場研究PrivateSide私人方面PublicSide公共方面InformationBarrier信息障礙風(fēng)險管理與合規(guī)-Slide1ChineseWalls (Continued)

中國墻（續(xù)）Inaddition,ChineseWallsallow:

此外，中國墻允許：somedefenceagainstallegationsofmisconduct為不良行為辯護(hù)maximisationofbusinessopportunitiesacrossproductlinesby

allowingustoperformmanydifferentrolesatthesametime通過允許我們同時負(fù)責(zé)多種不同的職責(zé)來使各個產(chǎn)品線間的商業(yè)機(jī)會最大化Examples:舉例:CorporateFinanceadviseslistedcompanyondivestmentofsubsidiary

公司金融部對上市公司分拆子公司提供建議AcquisitionFinanceadvisesthreedifferentbidders收購金融部建議有三個不同的投標(biāo)人CreditPortfolioManagementassessesdebtcapacityforfourthbidder信貸組合管理部評估第四個投標(biāo)人的債務(wù)能力ProprietaryTradingintradinginthestocksofthelistedcompany專有交易部對上市公司股票交易提供建議PrivateClientsinprovidinginvestmentadviceonthelistedcompany

私人客戶部提供上市公司的投資建議風(fēng)險管理與合規(guī)-Slide1ControlRooms控制室AControlRoom’smainfunctions:控制室的主要功能：Maintainingglobalmarketingandwatchlists維持全球營銷和觀察清單Maintainingglobalrestrictedtradinglists維持全球限制交易清單Identifyingpotentialconflictsofinterest識別潛在的利益沖突Clearing/recordingChineseWallcrossingsandregisteringInsiders理清/記錄中國墻間的交叉，登記內(nèi)部知情人Pre-clearanceofequityandfixed-incomeresearch提前弄清楚股權(quán)和固定收益研究Pre-clearanceofcertaintransactions預(yù)先清除某些交易風(fēng)險管理與合規(guī)-Slide1MarketAbuse:MarketManipulation

市場濫用：市場操縱Spreadingfalseormisleadinginformationaboutthemarket,

orthepriceorvalueofaninvestment

E.g.spreadingarumourandfalseormisleadingnewsthroughinternet散布錯誤的或者誤導(dǎo)性的有關(guān)市場、投資價格或價值的信息

例如：通過英特網(wǎng)散布謠言或虛假新聞Actingpurelytoinfluencethepriceoffinancialinstruments

E.g.manipulatingthepriceattheclosingofmarkets

manipulatingthepriceupwardtoshowahigherportfoliovalue

(usuallyaroundmonth-,quarter-,oryear-end)

純粹為影響金融工具的價格的行為例如：操縱股市收盤價操縱價格的上升，顯示更高的投資組合價值（一般在月末、季度末或年末時）Doingtransactionsthatcreatetheimpressionofgreatersupplyand/ordemandthanexistsinreality

E.g.doingtradeswithnoeconomicbasis,undertakensimplytogive

theillusionofactivity(manipulationofvolume)做交易以制造比實際更大的供給和/或需求的印象例如：做沒有經(jīng)濟(jì)基礎(chǔ)的股票買賣，僅僅是為了給予活動頻繁的假象（操縱交易量）風(fēng)險管理與合規(guī)-Slide1MarketAbuse:Insiderdealing

市場濫用：內(nèi)幕交易Insideinformationisinformationthatis:內(nèi)幕信息是指：Precise

(aboutaneventorcircumstancesthathaveoccurredorcanreasonablybeexpectedtooccur)準(zhǔn)確（關(guān)于已發(fā)生的，或者預(yù)計很可能發(fā)生的事件或情況的準(zhǔn)確信息）Notgenerallyavailable/Notobtainablebyanalysisorresearch通常無法獲得/不能通過分析或研究獲得Ifitweremadepublic,itwouldprobablyaffectthepriceorvalue

ofthecompany/industrysectorinvolved如果公之于眾，很可能會影響有關(guān)公司/行業(yè)的價格或價值Itincludesinformationwhichcouldrelateto:它包括有關(guān)以下幾方面的信息：Issuersoffinancialinstruments金融工具的發(fā)行者Transferablesecurities可轉(zhuǎn)讓證券Commoditiesor商品或者ClientOrders客戶訂單風(fēng)險管理與合規(guī)-Slide1MarketAbuse:Insiderdealing(Continued)

市場濫用：內(nèi)幕交易（續(xù)）Anyoneinthepossessionofinsideinformationmaynot:任何擁有內(nèi)部信息的人不可以：Mustnotimproperlypasstheinsideinformationontosomeoneelse

不能將內(nèi)部信息不當(dāng)?shù)貍鬟_(dá)給他人Buyorsellfinancialinstrumentsofissuersforyourownorabankseconomicadvantage為自己或者銀行的經(jīng)濟(jì)利益購買或銷售發(fā)行人的金融工具Recommendorinduceanotherpersontodoeitheroftheabove建議或者勸誘他人做以上任一件事情風(fēng)險管理與合規(guī)-Slide1OtherCompliancetopics

其它合規(guī)問題PersonalAccountDealingPolicy個人賬戶交易政策GiftPolicy禮品政策BriberyandCorruption賄賂與腐敗

Whistleblowing檢舉揭發(fā)風(fēng)險管理與合規(guī)-Slide1

PersonalAccountDealingPolicy

個人賬戶交易政策Why?原因?

Buyingorsellingsecuritieswhileinthepossessionofconfidentialpricesensitiveinformation(insideinformation)isacriminaloffenceinmostjurisdictions.在很多轄區(qū),在掌握機(jī)密的價格信息(內(nèi)部信息)的情況下買賣證券構(gòu)成犯罪行為。Takingadvantageofinformationthatanemployeegetsintheperformanceofhisorherdutiesinabankforpersonalgainisunacceptable.銀行員工利用職務(wù)之便獲取私利是違法行為。The

appearance

ofinsidertradingmustalsobeavoided.必須避免內(nèi)幕交易的現(xiàn)象。風(fēng)險管理與合規(guī)-Slide1Disclosureandtransparency信息披露和透明度Allsecuritiesaccountsofstaffandtheirconnectedparties

mustbedisclosed.所有員工及關(guān)聯(lián)方的證券賬戶信息必須披露。Abankmustbeabletomonitortransactions

againstsubmittedrequestsforapproval.銀行必須能夠按照提交的審批需求對交易進(jìn)行監(jiān)督。

風(fēng)險管理與合規(guī)-Slide1Pre-Approval,MinimumHoldingPeriod,RestrictedTradingLists事先批準(zhǔn)，最短持有期，限制交易名單StaffMembersandconnectedpartiesmustaskpre-approvalfromtheir

line-managerand/orCompliancedepartments.

員工及其關(guān)聯(lián)方必須得到直線經(jīng)理/合規(guī)部門的事先批準(zhǔn)。Transactionsmayonlybereversedafter28dayshaveelapsed

(28dayholdingperiod).

超過28天方可進(jìn)行回購。（28天持有期）Mutualfundsarenotboundtothe28dayholdingperiodbutintradaytrading(24hours)isneverpermitted共同基金不受28天持有期的限制，但嚴(yán)禁日間（24小時）交易。Therecanbetradingdoneinsecuritiesonrestrictedtradinglists列入限制交易名單里的證券交易也可以進(jìn)行。風(fēng)險管理與合規(guī)-Slide1Acceptanceofgifts禮品接受Giftsorlegaciesmustnotbeacceptedfrom

customersorsuppliers.禁止收取客戶或供應(yīng)商贈送的禮品或遺贈品。Excessiveorabnormalentertainmentmustalsobeviewedinthislight.禁止超?；蚍钦Ｕ写顒?。Ifagiftcannotberefusedorreturned,itmaybeacceptedprovidedthatitis:如果禮品無法拒收或退還，在下列情況下可以接收：notintheformofcash非現(xiàn)金形式notgivenintheexpectationofapayback無獲取回報的目的ofnominalvalueonly僅有票面價值

GiftPolicy禮品政策風(fēng)險管理與合規(guī)-Slide1Presentationofgifts禮品贈送Giftstocustomers,suppliers,governmentofficials

orintermediariesmustnotbepresentedasawayofgainingeconomicorpoliticaladvantage.不能為獲取經(jīng)濟(jì)利益或政治利益而向客戶、供應(yīng)商、政府官員或中介機(jī)構(gòu)贈送禮物。Asanexception,giftsofnominalvaluemaybepresented:例外情況：具有票面價值的禮品可以作為asacourtesy禮尚往來forpromotionalpurposes宣傳用途specialoccasionswherea“Bank”giftmaybeappropriate特殊場合，“銀行”禮物比較適合的情況下贈送。

GiftPolicy禮品政策(Continued)（續(xù)）風(fēng)險管理與合規(guī)-Slide1Bribery行賄Briberyisdefinedas:行賄的定義是offering送禮suggesting行賄暗示paying給予他人財物orauthorising或授權(quán)他人從事上述行為apaymenttosomeonefortheiroranoth