Conflicts of Interest
Banks providing asset management services may encounter a variety of actual or potential conflicts of interest. Banks acting as fiduciaries must put the interests of account beneficiaries before the interests of the bank.
Conflicts of Interest (Comptroller’s Handbook, January 2015)
Banks/Thrifts Providing Financial Support to Funds Advised by the Banking Organization or its Affiliates (OCC 2004-2, January 2004)
Conflicts of Interest: Risk Management Guidance-Divestiture of Certain Asset Management Businesses (OCC 2008-5, March 2008)
Fiduciary Activities of National Banks: Self-Deposit of Fiduciary Funds (OCC 2010-37, September 2010)
Reporting of Personal Transactions in Securities (IL 1062, April 2006)
Soft Dollar Guidance: Use of Commission Payments by Fiduciaries (OCC 2007-7, February 2007)