(The requirements in this Schedule apply to the provision of Individual Portfolio Management Services)
(1) The Bank shall draw up and issue a code of conduct for management companies which shall include provisions which seek to ensure that a management company
(a) acts honestly and fairly in conducting its business activities in the best interests of its clients and the integrity of the market,
(b) acts with due skill, care and diligence in the best interests of its clients and the integrity of the market,
(c) has and employs effectively the resources and procedures that are necessary for the proper performance of its business activities,
(d) seeks from its clients information regarding their financial situations, investment experience and objectives as regards the services requested,
(e) makes adequate disclosure of relevant material information in its dealings with its clients,
(f) makes a reasonable effort to avoid conflicts of interests and, when they cannot be