Article 4a 8.

Where a member of staff or a member of a competent authority’s governance body owns, at the time of being hired or appointed or at any time thereafter, financial instruments that may give rise to conflicts of interest, the competent authority shall have the power to require on a case-by-case basis that those instruments be sold or disposed of within a reasonable timeframe. Competent authorities shall also have the power to allow, on a case-by-case basis, those members to sell or dispose of financial instruments that they owned at the time of being hired or appointed.