(1) An application for registration as a securitisation repository shall contain the following information on the policies and procedures put in place by the applicant to manage conflicts of interest:

(a) policies and procedures with respect to the identification, management, elimination, mitigation and disclosure of conflicts of interest without delay;

(b) a description of the process used to ensure that the relevant persons are aware of the policies and procedures referred to in point (a);

(c) a description of the level and form of separation that exists between the various business functions within the applicant’s organisation, including a description of:

(i) the measures taken to prevent or control the exchange of information between functions where a risk of a conflict of interest may arise;

(ii) the supervision of those whose main functions involve interests that are potentially in conflict with those of a client;

(d) any other measures and controls put in place to ensure the policies and procedures referred to in point (a) with respect to conflicts of interest management and the process referred to in point (b) are followed.