Question is supporting a number of Blockchain foundations to ensure they avoid potential issues arising from non arm’s length behavior that may create a substantial risk to the foundation and its stakeholders. Small issues can become big problems in terms of:
Arm’s length conduct between the foundation, service providers and the ecosystem minimizes conflicts of interest and protects the ecosystem from undue influence. Robust transfer pricing (“TP”) governance (i.e. “arm’s length behavior”) will help your organization build trust with its stakeholders, demonstrate compliance with regulatory requirements, and avoid damaging conflicts of interest and personal liability claims. For a further discussion on this topic, please contact Stephen Alleway or Chris Whitehouse directly.