SIO-5.8.2
The conflict of interest policies referred to in Paragraph SIO-5.8.1 must address all such situations which may influence or affect, or which may be perceived to influence or affect, the stablecoin issuer’s ability or the ability of any person connected to the licensee such as its shareholders, board of directors, senior management, employees etc., to take impartial and objective decisions. In particular, the conflict of interest policies and procedures must specifically cover:
(a) conflicts that may impede the ability of the senior management to take objective and impartial decisions that aim to be in the best interest of the stablecoin issuer without prejudice to the consideration of interests of the clients;
(b) potential conflict of interest situation that may arise from the management and investment of reserve assets.
Added: July 2025