4. Investment firms shall ensure that disclosure to clients, pursuant to Article 23(2) of Directive 2014/65/EU, is a measure of last resort that shall be used only where the effective organisational and administrative arrangements established by the investment firm to prevent or manage its conflicts of interest in accordance with Article 23 of Directive 2014/65/EU are not sufficient to ensure, with reasonable confidence, that risks of damage to the interests of the client will be prevented.
A divulgação deve indicar claramente que os mecanismos organizacionais e administrativos estabelecidos pela empresa de investimento para prevenir ou gerir esse conflito não são suficientes para garantir, com um grau de certeza razoável, que serão evitados os riscos de os interesses dos clientes serem prejudicados.