BG has identified situations where conflict of interest could potentially arise in its activities. Such situations may be encountered by BG or its employees at the time of delivery of their services for their clients. In each situation BG has analysed whether it is an existing or potential risk for one or more of its clients.
BG has a conflict of interest policy in place enabling the Group to prevent potential conflicts of interest. This policy relies on prevention, detection and management of conflicts of interest as well as communication with clients and archiving of information.
To deal with situations where there are existing or potential conflicts of interest, BG can:
• refuse to act, where acting could potentially create a conflict of interest,
• accept the deal and the conflict of interest created, by putting in place measures to manage the situation in an appropriate fashion, so that the interests of the client are not undermined, or
• advise the client in cases where a conflict of interest cannot be dealt with correctly, by communicating with them the necessary information regarding to the nature and origin of the conflicts of interest.