OKX EEA Conflict of Interest Policy
Purpose and Scope
This Policy applies to all individuals associated with OKCoin Europe Ltd ("OKX EEA"), including employees, Board members, contractors, and anyone associated with the company. It ensures that conflicts of interest between OKX EEA and its clients are identified, disclosed, and managed ethically and transparently. The goal is to protect the company's integrity and uphold regulatory compliance.
1. Identification of Conflicts
Conflicts of interest can arise at any point in our relationships with clients, vendors, or internal operations. OKX EEA Staff must remain vigilant and report any potential or actual conflicts. Common conflicts may involve personal financial interests, business relationships, or incentives that prioritize one client over another, or business relationships that may lead to competing interests.
2. Managing Conflicts
When conflicts cannot be avoided, OKX EEA will implement appropriate measures such as information barriers, staff reassignment, or role segregation. The company maintains a zero-tolerance stance on bribery and corruption, Insider Trading, outside business activities, Intellectual Property (IP) Misuse, Competitive Practices and enforces strict policies to prevent undue influence.
3. Reporting Conflicts
OKX EEA Staff must promptly report any potential or actual conflicts using the Conflict of Interest Declaration Form. The Head of Compliance, in collaboration with the Managing Director, will assess each situation and determine necessary actions. All conflicts are documented and monitored to ensure transparency. The Board of Directors holds ultimate accountability for conflict resolution. All OKX EEA Staff must comply with this Policy and escalate conflicts as necessary.
4. Confidentiality and Data Protection
Disclosures related to conflicts of interest are handled confidentially, in compliance with data protection laws, and shared only with relevant personnel for resolution.
5. Website
OKX EU will disclose on its website conflicts of interest that need to be disclosed.
6. Training and Compliance
All OKX EEA staff must acknowledge that they have read, understand, and agree to abide by this Policy. Training is provided to ensure that staff are equipped to identify, report, and resolve conflicts of interest effectively.
7. Violations
Violations of this Policy will be investigated, and failure to comply may result in disciplinary actions, including termination, may be taken for non-compliance.
8. Effective Date and Review
This Policy, along with its documented procedures, becomes effective with approval by the OKCoin Europe Ltd board and will be reviewed periodically to ensure compliance with evolving regulations.
This Policy ensures the fair and transparent management of conflicts of interest, safeguarding the best interests of OKX EEA's clients, employees, and the company's integrity.