MARKET INTEGRITY

Investor confidence is a cornerstone for markets. Therefore, the BMCE Group ensures the integrity of the financial markets in the countries where it operates in order to boost investors’ confidence in these markets. The aim is to create, as part of the fight against market abuse, a level playing field for all economic stakeholders and to ensure the protection of the Group's reputation in the international financial centre.

1. Conflicts of interest
Proper functioning of the BMCE Group's activities requires a strict policy on conflicts of interest. Conflicts of interest affect many situations: it can be a contradiction between the interests of the group, its subsidiaries or its staff and those of a customer or several customers.
Hence, the Group has laid out a consolidated, non-exhaustive list of potential conflicts of interest situations on the basis of which a conflict of interest prevention policy has been in put in place in each entity allowing appropriate preventive measures to be taken, if necessary.

2. Insider trading 
The Group's code of deontology strictly prohibits the use of not-yet-public inside information to carry out any transaction directly or indirectly in the security of the issuer concerned by the information.
The BMCE Group has implemented the necessary safeguards and procedures for the confidentiality of sensitive information and the prevention of potential insider trading, risk of conflicts of interest and circulation of confidential information.  

3. Professional secrecy and personal data protection
Discretion and compliance with professional secrecy requirements are key to preserving the Group's reputation. Therefore, procedures have been put in place at several levels (staff members, customers, transactions), across the group in compliance with national regulations, in particular the Law No 09-08 on the protection of personal data. Thus, staff members responsible for processing personal data relating to natural persons must comply with the principles laid out in the Group's policy on personal data processing and follow the relevant local regulations. In particular, they must refrain from processing and transferring personal data for non-legitimate purposes or transferring them to non-authorised parties.