The «Application Lists» of the International Bar Association (IBA) Guidelines
on Conflict of Interest in International Arbitration provide a theoretical basis for considering such ethical conflicts.
Working arrangements
on conflict of interest in relation to the work of the Compliance Committee
George Mason has a policy on conflict of interest, including a detailed policy
on conflict of interest in federally funded research.
A new letter, published yesterday in The New England Journal of Medicine, brings together data from the five - year Conflict of Interest Notification Study backed by the National Heart, Lung and Blood Institute, along with broader reports
on conflict of interest in medicine released by the Institute of Medicine (IOM) and the Association of American Medical Colleges (AAMC) to examine the practical goals and challenges of presenting this information to possible trial participants.
Many anti-corruption campaigners slammed the president for what they describe as his disregard for the guidelines
on conflict of interest in accepting the vehicle gift.
Zients noted on the Tuesday afternoon call that a little over a year ago President Barack Obama «called for action to crack down
on conflicts of interest in retirement advice, which costs American families billions of dollars every year.»
As part of its ongoing inquiry into academies and free schools, the Education Select Committee recently published a report that it had commissioned from Jean Scott and
me on conflicts of interest in academies...
I did not touch
on the conflicts of interest in the veterinary sector that deals with farmed animals and which has pandered for decades to the interests of the livestock and poultry industries, placing the health and welfare of these animals in jeopardy.
The court acknowledged that this situation fell squarely within the «Non-Waivable Red List» of the International Bar Association's Guidelines
on Conflicts of Interest in International Arbitration, which refers to situations where «the arbitrator or his or her firm regularly advises the party, or an affiliate of the party, and the arbitrator or his or her firm derives significant financial income therefrom.»
The IBA Council recently adopted new guidelines
on Conflicts of Interest in International Arbitration.
Member of the IBA Arbitration Sub-Committee, responsible for updating the 2004 Rules
on Conflicts of Interest in International Arbitration.
Robert de By Speaks at McNair Chambers Seminar
on Conflicts of Interest in International Arbitration: Recent Developments
In general, Canadian courts adjudicate
on conflicts of interest in the course of exercising their inherent jurisdiction over the court's processes and in administering civil actions for breach of fiduciary duty.
Domestic rules and international guidelines — such as the International Bar Association (IBA) Guidelines
on Conflicts of Interest in International Arbitration (available here)-- provide standards that should be followed in consumer arbitration as well.
This was the third attempt by the Federation with previous reports prepared by a Special Advisory Committee
on Conflicts of Interest in June 2010 and in February 2011.
Certainly, that interpretation would be better for the overall development of the law
on conflicts of interest in Canada.
Not exact matches
Important factors that could cause actual results to differ materially from those reflected
in such forward - looking statements and that should be considered
in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability
of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses
on new and maturing programs; 5) our ability to accommodate, and the cost
of accommodating, announced increases
in the build rates
of certain aircraft; 6) the effect
on aircraft demand and build rates
of changing customer preferences for business aircraft, including the effect
of global economic conditions
on the business aircraft market and expanding
conflicts or political unrest
in the Middle East or Asia; 7) customer cancellations or deferrals as a result
of global economic uncertainty or otherwise; 8) the effect
of economic conditions
in the industries and markets
in which we operate
in the U.S. and globally and any changes therein, including fluctuations
in foreign currency exchange rates; 9) the success and timely execution
of key milestones such as the receipt
of necessary regulatory approvals, including our ability to obtain
in a timely fashion any required regulatory or other third party approvals for the consummation
of our announced acquisition
of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability
of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk
of nonpayment by such customers; 13) any adverse impact
on Boeing's and Airbus» production
of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts
of terrorism; 14) any adverse impact
on the demand for air travel or our operations from the outbreak
of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns
on pension plan assets and the impact
of future discount rate changes
on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to finance the purchase price for our announced acquisition
of Asco
on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect
of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both
in the U.S. and abroad; 20) the effect
of changes
in tax law, such as the effect
of The Tax Cuts and Jobs Act (the «TCJA») that was enacted
on December 22, 2017, and changes to the interpretations
of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect
of such changes; 21) any reduction
in our credit ratings; 22) our dependence
on our suppliers, as well as the cost and availability
of raw materials and purchased components; 23) our ability to recruit and retain a critical mass
of highly - skilled employees and our relationships with the unions representing many
of our employees; 24) spending by the U.S. and other governments
on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment
of interest on, and principal
of, our indebtedness; 26) our exposure under our revolving credit facility to higher
interest payments should
interest rates increase substantially; 27) the effectiveness
of any
interest rate hedging programs; 28) the effectiveness
of our internal control over financial reporting; 29) the outcome or impact
of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition
of Asco
in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result
of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks
of doing business internationally, including fluctuations
in foreign current exchange rates, impositions
of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.
Plank also promised
in the letter that Under Armour will take «other public positions
on legislation around the country
in support
of the
interests of our teammates whenever policy
conflicts with human rights.»
Several Democratic senators pressed billionaire investor Carl Icahn
on Monday to clarify his role as an adviser to President Donald Trump, saying his position
in the administration raised «alarming» questions about potential
conflicts of interest with his stakes
in the biofuels and pharmaceutical industries.
A recent paper by two professors at the University
of Massachusetts found that many financial economists who weighed
in on the Wall Street overhaul signed into law
in July failed to prominently disclose potential
conflicts of interest.
In the U.S., we generally believe that publicly - held firms are to be managed for «shareholder value» (technically, the Securities Exchange Commission's Code
of Ethics for CEOs only requires the firm to provide full, fair, accurate and timely financial reporting, and to flag any known
conflicts of interest or violations
of securities law, but state laws often impose stricter fiduciary duties
on the firm's top managers).
To avoid
conflict of interest, Lang won't cover Barrick and tries to avoid reporting
on the gold industry
in general.
A
conflict of interest is a situation
in which a decision - maker is entrusted with making important decisions
on behalf
of someone else, and
in which that decision - maker has some further, «outside»
interest (often, but not always, financial) which may stand to influence their decision making.
The Fiduciary Rule and PTEs followed an extensive public rulemaking process
in which the Department evaluated a large body
of academic and empirical work
on conflicts of interest, and determined that
conflicted advice was causing harm to retirement investors.
So unlike brokers, we have no
conflict of interest pushing us to recommend high volumes
of trades whether we believe
in the potential
of those trades or not We have no perpetual bias for a bull market as most
of Wall Street has to be (to justify the heavily - weighted stance
of «buy» vs. «sell,» a stance that always persists even
in harshest bear markets) Instead
of all
of these kinds
of anti-investor establishment motivators, we will sell our products
on subscription, with a customer - friendly, overwhelming motivation to deliver an experience that will win very profitable renewals for many years to come.
«Based
on the extensive public comments and evidence garnered during that process, the department determined that such
conflicts of interest are widespread and could cost investors
in individual retirement accounts (
in one segment
of the market alone) between $ 95 billion and $ 189 billion over the next 10 years,» wrote the Justice Department lawyers.
There's also the pattern
of conflicts of interest and efforts to cash
in on the presidency, and whatever other investigations are finding about his business activities before the presidency.
«We are seeing that our focus
on the middle class, by putting more money
in the pockets
of hard working families, and giving less advantages to the wealthiest, is growing the economy,» Trudeau said, as he also attempted to distract the media horde from his finance minister's loose interpretation
of what constitutes a
conflict of interest.
«I see the memo as the CFTC cautioning its employees
on the ethical issues that could be raised by their trading
in cryptocurrencies, encouraging them to consider and seek advice from the CFTC ethics team before trading
in cryptocurrencies, noting that employees may not transact
in cryptocurrencies if they have nonpublic information about them from their work at the CFTC, and advising that those who participate
in CFTC dealings related to cryptocurrencies may not trade
in them for
conflict of interest reasons.»
Elsewhere
in governance,
on Friday the Wall Street Journal endorsed Jamie Dimon's criticism
of shareholders who lazily follow the voting recommendations
of Institutional Shareholder Services and Glass Lewis, and Nicholas Donatiello and Harvey Pitt argued that the Securities and Exchange Commission should regulate proxy voting to reduce the influence, and
conflicts of interest,
of ISS and Glass Lewis.
The General Services Administration, which manages property owned by the federal government, including the Old Post Office housing the Trump International Hotel, has said the lease would violate federal
conflict -
of -
interest rules once the Republican businessman is sworn
in on Jan. 20, according to a letter to the agency from lawmakers.
Unlike a number
of the events at Trump properties that have been featured
in this list
of Trump's
conflicts of interest, the Red Cross Ball, which celebrated the organization's centennial anniversary, appears to have been scheduled before Trump even received the Republican nomination for president; a calendar listing
on the website
of the Coastal Star, a local newspaper covering events
in the Palm Beach area, is recorded as having been placed
in April 2016.
But the U.S. Office
of Government Ethics said
in a letter to Democratic Senator Tom Carper
of Delaware
on Monday that such a transfer would not qualify legally as a blind trust nor eliminate
conflicts of interest.
Under the law, if Cohn sells his Goldman stock to avoid a
conflict of interest as a member
of the Executive Branch, he will be able to indefinitely defer capital gains taxes
on the sale, providing he invests the proceeds from the stock sales
in government securities or an approved government securities mutual fund.
The rule requires that distributors
of financial products into retirement accounts proceed
on the basis
of a fiduciary relationship and is aimed at removing potential
conflicts of interest in which distributors steer clients into products because
of higher commission revenue — unless distributors operate under an exemption.
At a meeting
of the Financial Literacy and Education Commission, held at the Treasury building
in Washington, Perez noted that while «lawsuits have been filed» against the
conflict of interest rule, «we will continue to fight those vigorously,» adding that he believes DOL is «
on the right side
of the law and history.»
«Why doesn't @FoxNews have a
conflict of interest policy requiring Hannity to disclose his personal
interest in the Cohen search when commenting
on it?»
In remarks at the AARP on Monday, Obama stressed the importance of imposing a cohesive standard mandating that all brokers and advisors working in the retirement space act in their clients» best interests to guard against conflicted advice that could harm investor
In remarks at the AARP
on Monday, Obama stressed the importance
of imposing a cohesive standard mandating that all brokers and advisors working
in the retirement space act in their clients» best interests to guard against conflicted advice that could harm investor
in the retirement space act
in their clients» best interests to guard against conflicted advice that could harm investor
in their clients» best
interests to guard against
conflicted advice that could harm investors.
With the implementation date
of the Department
of Labor's fiduciary rule looming large
in April, all attention has been focused
on how financial advisors and their Financial Institutions are making adjustments to manage their compensation
conflicts of interest, to avoid breaching the fiduciary's fundamental duty
of loyalty to act
in the client's best
interests.
Off - budget: Federal government expenditures
on certain programs, agencies, and government sponsored enterprises that are accounted for separately
in the budget to prevent spending changes or avoid a
conflict of interest.
As for his pledge to hold
on to
interests related to banking and shipping, Clark said Ross is
conflicted as to whether he's acting
in his own
interest or the
interests of the American people.
When Mr. Icahn took
on the advisory position this year, critics complained that it was a
conflict of interest because he owns a big stake
in an oil - refinery business called CVR Energy.
And the NDP tried to move a motion to get Bill C - 27 withdrawn, because they sailed a conspiracy theory that somehow there was a
conflict of interest with a bill that they opposed for ideological reasons,
in order to come at a different angle
of attack
on it.
Ironically, while all our attention for years was focused
on getting the SEC to act, adoption
of the DOL
Conflict of Interest Rule was the first real success
in this area.
The USD is banging
on big resistance levels ahead
of an FOMC that includes only the release
of a policy statement and fairly low expectations, ironically meaning that surprise risk may be underappreciated, especially given
conflicting extremes
in speculative US dollar short and US
interest rate shorts.
The bill, now
on its way to the Senate, would require the two leading advisors
in the Crescent Point dispute, Institutional Shareholder Services Inc. and Glass Lewis & Co., to formally register with the SEC and within those filings «disclose their potential
conflicts of interest and codes
of ethics.»
Industry comments
on the DOL
conflict of interest rule are
in and offer a treasure trove
of industry thinking.
These responsibilities include: (i) fostering processes that allow the Board to function independently
of management and encouraging open and effective communication between the Board and management
of the Company; (ii) providing input to the Chairman
on behalf
of the independent Directors with respect to Board agendas; (iii) presiding at all meetings
of the Board at which the Chairman is not present, as well as regularly scheduled executive sessions
of independent Directors; (iv)
in the case
of a
conflict of interest involving a Director, if appropriate, asking the
conflicted Director to leave the room during discussion concerning such matter and, if appropriate, asking such Director to recuse him or herself from voting
on the relevant matter; (v) communicating with the Chairman and the CEO, as appropriate, regarding meetings
of the independent Directors and resources and information necessary for the Board to effectively carry out its duties and responsibilities; (vi) serving as liaison between the Chairman and the independent Directors; (vii) being available to Directors who have concerns that can not be addressed through the Chairman; (viii) having the authority to call meetings
of the independent Directors; and (ix) performing other functions as may reasonably be requested by the Board or the Chairman.
Anyone
interested in following this
conflict can log
on to sites showing images
of demonstrators
on the West Bank or
of stone - throwing youth facing tanks.
If we can not think past the
conflicting goals
of different groups to the world
in which their diverse
interests can be reconciled, too much energy will be spent
on bickering among those who should be allies
in a common struggle.