Regulatory Alerts2024-12-01 | RG-248RG 248 Litigation schemes and proof of debt schemes: Managing conflicts of interest
The regulator issued this guide to outline how financial service providers can satisfy their obligation to maintain adequate practices for managing conflicts of interest in litigation and proof of debt schemes. It details the specific procedures required to address both potential and actual conflicts arising from these specific financial activities. The document serves as the authoritative reference for compliance with conflict management standards in these contexts.
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