CONFIDENTIALITY, LEGAL CAPACITY, INSIDER TRADING AND MONEY LAUNDERING
5.1 All persons associated with the Law Firm
Poul Schmith are under bound by a duty of confidentiality in
relation to unauthorised persons as regards the contents and
character of the Law Firm's cases as well as any information from
the client and concerning the client, unless due to specific
circumstances a particular piece of information is not of a
confidential nature. We have set up special security mechanisms in
order to protect sensitive and confidential material.
5.2 The Law Firm Poul Schmith has set up
special regulations and procedures which serve to counter conflicts
of interests upon receipt of the case and to handle conflicts of
interests which may arise en route. The Agreement of the Legal
Adviser to the Danish Government with the Danish Ministry of
Finance further implies that we cannot take on assignments for
non-governmental clients in matters involving a risk of conflicting
interests with the Danish State.
5.3 All persons associated with the Law Firm
Poul Schmith are subject to the prohibition on insider trading as
stipulated in the Danish Securities Trading Act. It is the
responsibility of the law firm, the law firm's partners and staff
not to misuse the knowledge obtained in connection with our work.
We have established internal procedures to avoid insider
5.4 All persons associated with the Law Firm
Poul Schmith are subject to the regulations of the Danish Act on
Measures to Prevent Money Laundering and Financing of Terrorism.
Thus, amongst other things we must obtain and keep information for
the identification of the client as well as information on the
client's structure of ownership and control in order to identify
the actual owners, if the client is a legal person.