GEN 3.3.22

For the purposes of identifying the types of conflict of interest that arise, or may arise, in the course of providing a service and whose existence may entail a material risk of damage to the interests of a Client, an Authorised Person must take into account, as a minimum, whether the Authorised Person or a person directly or indirectly linked by control to the Authorised Person:

(1) is likely to make a financial gain, or avoid a financial loss, at the expense of the Client;
(2) has an interest in the outcome of a service provided to the Client or of a Transaction carried out on behalf of the Client, which is distinct from the Client's interest in that outcome;
(3) has a financial or other incentive to favour the interest of another Client or group of Clients over the interests of the Client;
(4) carries on the same business as the Client; or
(5) receives or will receive from a person other than the Client an inducement in relation to a service provided to the Client, in the form of monies, goods or services, other than the standard Commission or Fee for that service.