Information Barriers Course

The flow of information in financial firms needs monitoring between businesses involved with private and public side activities. These information barriers comprise of physical, technological and organisational barriers.

Private side activities routinely have access to private information such as credit or corporate finance. Businesses involved in public side activities could act on information such as equity or credit research.

Our Information Barriers Course explains the different kinds of Information Barriers and which laws and regulations these help firms comply with.

About this Course

This SCORM-compatible course is part of our FCA Compliance Library.

The library is available in the Skillcast Standard plan for larger companies or Skillcast Basic plan for those with under 50 learners.

Learning Objectives

This course will prepare your employees to:

Examine the difference between public and private-side information in a firm
Understand what information barriers are
Recognise the laws and regulations driving the need for Information Barriers
Identify what conflicts can arise due to the flow of information
Recognise how information barriers work to control the flow of information
Explain how violations of 'Chinese Walls' are handled

Latest Course Updates

Course redesigned with a more modern feel
Full review conducted by an FCA expert
Text & image updates throughout the course

Course outline

Welcome

Information Flow

- Managing/limiting the flow of information

Private versus Public Side

- Exercise: Private versus Public Side

Information barriers recap

How are Information Barriers structured?

- Proprietary traders & flow traders
- How are Information Barriers maintained?
- Other purposes
- Investment decision-makers

Control room/compliance

- Regions of operation

Defining inside information

Applying the Inside Information Rule

- Exercise: What is Inside Information?

Inside information

- Cases of insider dealing
- Exceptions
- Resolution

Inside information can affect anyone

Examples: How you could receive inside information

Perceived abuse of the inside information

- Case Study: A finance professional
- Case Study: A desk analyst
- Case Study: An ICG Salesperson
- Resolution: How to avoid perceived improprieties

Your responsibilities

Case study: Careless sharing

- Exercise

Wall Crossings

- Situations that warrant Wall Crossings
- What should you do upon being Wall Crossed?

Intentional Wall Crossings

- Exercise
- Inadvertent Wall Crossings
- Case
- Exercise
- Case continued

Conclusion

- Notes of advice

Summary

Affirmation

Assessment

Course Specifications

Structure

Approximately 45-minute long e-learning course followed by a 10-question assessment.

Audience

Suitable for all staff - examples and interactivities designed for staff at all levels. No previous knowledge or experience is required.

Design

SHARD-compliant, responsive display on all devices, accessibility on screen readers, visual design controlled via a client style sheet.

Compatibility

All Windows, Mac OSX, iOS, Android (Flash-free for mobile compatibility). AICC and SCORM 1.2-compliant, suitable for both hosted and deployed SCORM or AICC.