failures

regulatory requirements or expectations and control failures. 6.1.3 Instances of material conflicts or potential conflicts of interest set out under Section 5.2 are reported to the Compliance Officer by submitting Appendix 2. They are subsequently.... For certain risks, failure to follow defined procedures could result in individual colleagues being directly liable to prosecution or regulatory penalties. 2.2.4 Failing to comply with this Policy can result in increased costs, wasted management time