SIO-5.8.8
Stablecoin issuers must within their policies and procedures ensure that remuneration procedures, policies and arrangements:
(a) do not create a conflict of interest or provide for incentives in the short, medium or long term that may lead the employees or members of the senior management to favour their own interests or the stablecoin issuer’s interests to the potential detriment of any client or shareholders of the licensee.
(b) identify and appropriately mitigate conflicts of interest potentially caused by the award of variable remuneration, underlying key performance indicators and risk alignment mechanisms, including the pay out of instruments to employees or senior management as part of the variable or fixed remuneration.
Added: July 2025