The purpose of Assupol’s Conflict of Interest Policy is to provide a framework within which to address areas where conflicts of interest may arise.
The policy aims to establish broad principles and guidance, and it prescribes processes that are essential to ensuring compliance with the General Code of Authorised Financial Services Providers and Representatives (Board Notice 80 of 2003). This policy aims to promote transparency and fairness in the interest of consumers, employees, providers and Assupol. The policy defines how conflicts of interest are to be managed, that is, to identify potential conflicts, to avoid conflicts where possible and, how to disclose same. The policy also sets out processes and procedures to ensure compliance and highlights the consequences of non-compliance.