Where the Matter of Dealing for Personal Account Is Concerned

question 411

Multiple Choice

Where the matter of dealing for personal account is concerned, the Model Code recommends that

• A) Subject to local legal requirements, this matter is one for bank management to decide.
• B) Bank management should encourage such activities because it allows banks to monitor the gambling habits of their staff.
• C) Where this is allowed, bank management should have a clearly defined policy and written procedures.
• D) Bank management should allow staff to deal for their personal account on a case to case basis.