Common use of Disclosure of Conflicts of Interest Clause in Contracts

Disclosure of Conflicts of Interest. In case where, the organisational and administrative arrangements established by the Company to prevent or manage a conflict are not sufficient to ensure, with reasonable confidence, that the risks of damage to the interests of the clients will be prevented, the Company shall clearly proceed with the disclosure of such conflict. Prior to carry out a transaction or provide an investment or an ancillary service to a client, the Company should disclose any actual or potential conflict of interest to the client provided that the measures taken by the Company are not sufficient to ensure that the risks of damage to the interests of the client will be avoided. The above disclosure shall include sufficient detail, taking into account the nature of the client, source of conflicts of interest, the risks to the client to enable him to take an informed decision with respect to the investment or ancillary service in the context of which the conflict of interest arises. The Company reserves the right not to proceed with the transaction or matter giving rise to the conflict if such disclosure is not sufficient to manage a conflict. The Management and employees of the Company should disclose the following information to the CO: • Opening and closing personal accounts at any other Broker for own investments purposes • All personal transaction performed. Notification should be provided within 24 hours • Securities held by the employee • Transactions executed by the Company in which the employee may have

Disclosure of Conflicts of Interest. In case where, the organisational and administrative arrangements established by the Company to prevent or manage a conflict are not sufficient to ensure, with reasonable confidence, that the risks of damage to the interests of the clients will be prevented, the Company shall clearly proceed with the disclosure of such conflict. Prior to carry out a transaction or provide an investment or an ancillary service to a client, the Company should disclose any actual or potential conflict of interest to the client provided that the measures taken by the Company are not sufficient to ensure that the risks of damage to the interests of the client will be avoided. The above disclosure shall include sufficient detail, taking into account the nature of the client, source of conflicts of interest, the risks to the client to enable him to take an informed decision with respect to the investment or ancillary service in the context of which the conflict of interest arises. The Company reserves the right not to proceed with the transaction or matter giving rise to the conflict if such disclosure is not sufficient to manage a conflict. The Management and employees of the Company should disclose the following information to the CO: •  Opening and closing personal accounts at any other Broker for own investments purposes •  All personal transaction performed. Notification should be provided within 24 hours •  Securities held by the employee •  Transactions executed by the Company in which the employee may have

Disclosure of Conflicts of Interest. In the case where, where the organisational organizational and administrative arrangements established by the Company to prevent or manage a conflict are not sufficient to ensure, with reasonable confidence, that the risks of damage to the interests of the clients Clients will be prevented, the Company shall clearly proceed with the disclosure of such conflict. Prior to carry carrying out a transaction or provide an investment or an ancillary service to a client, the Company should disclose any actual or potential conflict of interest to the client provided that the measures taken by the Company are not sufficient to ensure that the risks of damage to the interests of the client will be avoided. The above disclosure shall include sufficient detail, taking into account the nature of the clientClient, source of conflicts of interest, the risks to the client Client to enable him them to take an informed decision with respect to the investment or ancillary service in the context of which the conflict of interest arises. The Company reserves the right not to proceed with the transaction or matter giving rise to the conflict if such disclosure is not sufficient to manage a conflict. The Management management and employees of the Company should disclose the following information to the COCompliance Officer: • Opening and closing personal accounts at any other Broker for own investments purposes investment purposes. • All personal transaction Transactions performed. Notification should be provided within 24 hours twenty-four (24) hours. • Securities held by the employee employee. • Transactions executed by the Company in which the employee may havehave any interest or a conflict.