BC-8.13.11
Past version: Effective from 01 Apr 2008 to 31 Dec 2010
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The minimum requirements that should be met where the
(a) Analysts must not trade in securities or related derivatives ahead of publishing research on the issuer of these securities;
(b) Analysts must not trade in securities or related derivatives of any issuer that they review in a manner contrary to their existing recommendations except in special circumstances subject to pre-approval by compliance or legal personnel;
(c) Analysts must not accept inducements by issuers or others with a material interest in the subject matter of investment research; and
(d) Conventional banks must not promise issuers favorable research coverage, specific ratings or specific target prices in return for a future or continued business relationship, service or investment.
Added: April 2008