Eaktiebok

Conflicts of interest

Alternativa Nordics shall by law take all reasonable steps to identify and manage conflicts of interest arising from the provision of licensed services and prevent clients’ interests from being adversely affected by conflicts of interest. Alternativa works continuously to identify, manage and eliminate conflicts of interest by introducing rules and building various control systems. All to contribute to a secure foundation for safe and reliable crowdfunding and that all customers should be able to feel secure in their business with us. 

A conflict of interest exists when there is a conflict between the interests of Alternativa Nordics or the interests of persons connected with Alternativa Nordics and Alternativa Nordics’ obligations to a customer or between the different interests of two or more Alternativa Nordics customers to whom Alternativa Nordics has an obligation. Conflicts of interest that are identified shall be reported on an ongoing basis to the Chief Administrative Officer and the Conflict of Interest function. 

Alternativa Nordics has a clear structure for division of responsibilities and governance to avoid conflicts of interest through a division into different organizational units for separation of business functions. Alternativa Nordics has furthermore ensured through its work process that all employees of Alternativa Nordics have the knowledge and competence so that no individual can take action with the aim of benefiting themselves or Alternativa Nordics at the expense of a customer or other counterparty. 

Alternativa Nordics manages conflicts of interest through an escalation process, which is carried out in the following steps: 
 
1. Identify the risks 
2. Report to the designated manager 
3. Assess and mitigate risks 
4. Control and manage residual risks 
5. Allocate the required capital so that unexpected negative outcomes can be absorbed without threatening the company’s position. 
6. Follow-up