MoMo PSB has a Conflicts of Interest and Related Party Transactions Policy which was developed in recognition of the fact that conflicts of interest involving the Bank, its Directors and employees will arise from time to time. The Policy seeks to ensure that the Bank continues to conduct its business in such a way that conflicts of interests are promptly identified and properly managed.
The objectives of the Policy are as follows:

• Provide guidance to the Directors in recognizing and dealing with actual or perceived conflicts of interest.
• Guide the Board in understanding, reviewing and approving related party transaction and ensuring that they are conducted at arm’s length.
• Provide the disclosure requirements for related party transactions in accordance with regulatory requirements and leading corporate governance standards.
• Protect the Bank from reputational damage and fines that may occur as a result of improper management of conflicts of interest.

Click here to view the full policy.