1. Crypto-asset service providers shall implement and maintain effective policies and procedures, taking into account the scale, the nature and range of crypto-asset services provided, to identify, prevent, manage and disclose conflicts of interest between:
(a) themselves and:
(i) their shareholders or members;
(ii) any person directly or indirectly linked to the crypto-asset service providers or their shareholders or members by control;
(iii) members of their management body;
(iv) their employees; or
(b) two or more clients whose mutual interests conflict.
2. Crypto-asset service providers shall, in a prominent place on their website, disclose to their clients and prospective clients the general nature and sources of conflicts of interest referred to in paragraph 1 and the steps taken to mitigate them.
3. The disclosure referred to in paragraph 2 shall be made in an electronic format and shall include sufficient detail, taking into account the nature of each clie
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