ECH6077 - Liaison - Employee Shares and Securities Teams
Employee shares and securities teams are part of Local
Compliance – Individuals Customer Group.
If you receive a SIP package where
- shares is one of the primary risks, or
- where share issues (approved and unapproved) are identified as part of a compliance check
you must
- liaise with one of the specialist teams (see below) before any action is taken.
If the relevant specialist team request that this aspect is
referred to them for further action this should be done using the
attached
template.
If the relevant specialist team feels that it is more
appropriate that the share issue is worked by EC, advice will be
given as to how the case should be progressed.
See also
ECH6085 for details of the action to take
where Expat employees are involved in the scheme(s) under
consideration. Both LBS and CPTT Expat Teams have their own
specialists dealing with shares issues and they will follow their
own guidance in such situations.
The 3 specialist teams in Local Compliance are located as
follows:
| Location | Co-ordinator | Areas/Groups Covered |
| Bradford | Paul Manning (LC Eastern England) | Eastern England and postcodes covered by their remote offices and Anglia |
| Salford/Bootle | Mash Patel (LC NW and Midlands | North West & Midlands and postcodes covered by their remote offices, and South postcodes |
| Lothians | Dave Murray (LC WSNI) | Wales, Scotland & Northern Ireland and postcodes covered by their remote offices |
