Guidelines on the Submission of the Annual Report on Segregation of Functions (Chinese Wall)

March 17, 2017SEC MEMORANDUM CIRCULAR NO. 06-17TO :All Broker Dealers in Securities   SUBJECT:Guidelines on the Submission of the Annual Report on Segregation of Functions (Chinese Wall ) In order to effectively implement Rule 34.11 of 2015 Implementing Rules and Regulations of the Securities Regulation Code (2015 SRC Rules) which requires Broker Dealers to submit an annual report on the measures it has taken to enforce Chinese Wall Rules, the Commission in its meeting on March 9, 2017, resolved to issue the following guidelines: HTcADCSECTION 1. Coverage of the Report. —All policies, procedures, investigations, violations pertaining to Chinese Wall of the preceding year shall be submitted to the Commission and SRO not later than the 15th day of March of the succeeding year. For this year the deadline of submission shall be no later than March 31, 2017.SECTION 2. Information Required to be Disclosed in the Annual Report on Chinese Wall. —The annual report on Chinese Wall shall contain the following information:a. The different units in the company and the persons in charge in the flow...