Swiss Life Global Solutions recognizes that in the normal course of its business, conflicts of interest situations may arise, either permanently or from time to time. Subject to compliance with applicable laws and regulations, there is nothing inherently wrong or unethical if and when such situations do arise. However, the abuse of such situations is improper, and Swiss Life Global Solutions is therefore committed to manage those conflicts of interest that may arise in its business to prevent their abuse and give protection to its policyholders, employees and any other counterparts. Employees must at all times place the interests of Swiss Life Global Solutions, policyholders and business partners before their own and other persons close to them. All contracting parties should be dealt with evenly and in the same highly professional manner.