Is it mandatory for the partner of a KPMG employee to disclose all investments and stock purchases to KPMG?
My partner works for KPMG as an Assistant Manager. We're living together, so she told me as part of her job, she has to disclose all her investments including those of people closely related to her, like her partner/husband/kids. She also mentioned that I had to sell any stock if that company(the stock i own) is a client of KPMG or if it says 'restricted' in the Investment declaration system. Also, for every future purchases I had give my stock purchase details to my partner and then she would upload them in the KPMG declaration portal.
She has signed a NDA with the KPMG, so i do not understand why, me, the partner has to give all my stock purchase details to her company. She also says i have to sell the stock of a company even if she's not working with the client(the stock i own) but if the client is doing business with KPMG.
Is this really mandatory or are there any workarounds this?
4th October 2021