Conflicts of Interests

The www.nsfx.com website is owned by NSFX Ltd. (“the Company”) an investment firm regulated by the Malta Financial Services Authority with license number IS/56519. The Company is required, in accordance with the European Union’s Markets in Financial Instruments Directive (MiFID) and in accordance with the Investment Services Act 2004 (Chapter 370 of the Laws of Malta), to provide information on the Company’s policy regarding conflicts of interest and its approach to managing any conflicts of interest fairly: both between www.nsfx.com, our directors, employees and our clients, and between your interests and those of other clients.

DEFINITION OF CONFLICT OF INTEREST

The Company defines a conflict of interest as any situation where either the Company or an individual is in a position to exploit a professional or official capacity in some way for either corporate or personal benefit.

CONFLICT OF INTEREST MEASURES

Extensive measures have been adopted by the Company to Prevent, Control and Manage the exchange of information between relevant persons engaged in activities that may involve a Risk of Conflict of Interest.

DISCLOSURE OF CONFLICT OF INTEREST

When the measures taken by the Company to manage conflicts of interest are not sufficient to ensure, with reasonable confidence, that the risk of damage to client’s interest will be prevented, the Company will disclose the Conflicts of Interest to the client in order to prevent a Risk of Damage to Client’s Interest. Prior to carrying out a transaction or providing an investment or an ancillary service to a client, the Company must disclose any Actual or Potential Conflict of Interest. The disclosure will be in sufficient time, in a durable fashion.

RECORD KEEPING

For record keeping purposes, the Company maintains an accurate log which will be updated regulary of all types of investments and ancillary services or investment activities carried out by the Company or on its behalf; in which a conflict of interest entailing a material risk of damage to the interests of one or more clients has arisen.