The Investment Policy defines what is considered a conflict of interest: the possibility of contracting under conditions other than commutativity and independence, practiced
In the market, considering that if the same transaction were carried out with unrelated parties, a business could be entered into more favorable to the interests of the entity. In this way, there will be no conflict in contracted operations: within the limits of the legislation, in line with reference prices and market practices and obeying the internal procedures of the foundation applicable to other processes of the same nature and conditions established in the Corporate Governance Manual. In cases where there are doubts, the Foundation may consult and base its operations with related parties on the ABRASCA Code of Self-Regulation and Good Practices of Publicly-held Companies, issued by the Brazilian Association of Publicly-Held Companies ("ABRASCA Code").
The Risk Advisory Unit should classify investment funds as regards management quality, assessing the tradition and credibility of the institutions, their management and risks and their policies of conduct and administration of conflicts of interest, ensuring that they are observed in their discretionary management , Return risk analysis standards compatible with those used by Forluz in its own management.