Download Davy UK's Conflicts of Interest Policy: Identifying and Managing Potential Conflicts and more Lecture notes Corporate Finance in PDF only on Docsity! Vad PRIVATE CLIENTS UK INFORMATION ABOUT DAVY UK’S CONFLICTS OF INTEREST POLICY This document contains a summary of Davy UK’s Conflicts of Interest Policy designed to identify the conflicts of interest that arise between us and our Clients and between different Clients and to detail the procedures in place to prevent or manage such conflicts. Where we do not consider that the arrangements that we have in place are sufficient to ensure with reasonable confidence that a potential conflict of interest will not damage a Client’s interests, we will inform you of the nature of the conflict, the risks that arise due to the conflict, and the steps we have taken to mitigate these risks so that you may decide how to proceed. On occasion we may have to decline to act for a Client if conflicts of interest cannot otherwise be properly managed. Any reference to ‘Davy UK;, ‘we’, ‘us’ and ‘our’ means J&E Davy (UK) Lir ited and includes our successors and assigns. INTRODUCTION The Davy group of companies, of which Davy UK forms part, currently offers a comprehensive range of stockbroking and related financial services to Retail and Professional Clients, including discretionary investment management, the provision of investment advice on a managed or unmanaged basis, and execution services, together with associated custody, securities distribution and other activities related thereto, and where required a wealth planning service. In addition to these services some members of the group offer corporate finance and broking services to our Clients. This involves the provision ofa full capital markets service ie. advice on flotations, secondary offerings, disposals, mergers and acquisitions, share buy backs, refinancing etc. In acting as sponsor to a number of companies listed on the Irish and London Stock Exchanges, Davy group companies provide transactional and day-to-day advice on the application of the relevant Listing Rules. This document is not intended to provide a comprehensive account of the controls and procedures in place to manage all conflicts of interest conflicts’) which may arise; it is intended to outline the main controls in place. We are committed at all times to ensuring that our business is conducted to high standards and in an ethical manner. IDENTIFICATION OF CONFLICTS OF INTEREST As the Davy group of companies offers a wide range of financial services, it is inevitable that a number of potential or actual conflicts exist. This means that, from time to time, one or more entities within the Davy group may have interests which conflict with our Clients’ interests or with duties that we owe to our Clients. This includes conflicts arising between the interests of entities within the Davy group and employees on the one hand and the interests of our Clients on the other; and also conflicts between Clients themselves. (Continued Over)
