vii

responsibilities relating to (potentially) conflicting activities to different persons; Monument Group: INTERNAL 1 It should be noted that MAB is an insurance company in run-off, so no new products are commercialised. 9 vii. Using “Chinese walls” (i.e. an information barrier) is an acceptable conflict management measure so long as reasonable steps are taken to ensure that the arrangement remains effective and is adequately monitored; viii. Limiting the external activities of relevant persons; ix