/ˈtʃaɪˌniz wɔl/ – Phrase
Definition: Một nguyên tắc trong pháp lý để ngăn chặn xung đột lợi ích hoặc thông tin giữa các bộ phận hoặc nhóm công việc khác nhau trong một tổ chức.
A more throughout explanation: 1. (Chinese Wall; Chinese walla strong barrier, especially one that makes it difficult or impossible for people to communicate with each other
2. (LAW FIRMS) a way of preventing a client from a conflict of interest by preventing one or more lawyers within an organisation from working on any matter involving the client
3. a set of rules preventing different divisions of a financial (or other) institution from exchanging confidential information to avoid conflicts of interest, insider trading or illegal money making
Example: 1. We should be interested in achieving the same results, not in building a Chinese Wall.
2. To avoid any conflict of interest arising, a Chinese Wall was erected at the firm.
3. Financial investigators have recommended the erection of a Chinese Wall between Microsoft’s various divisions.