Doping

Coe on the suggestion that his role at nike is a conflick of intrest with his role at the iaaf.

“There are three things to bear in mind here: a conflict is only a conflict if it is not a registered responsibility. I think I am probably the most transparent and open person who has ever sought office. You can go on to any number of websites, everything I do is in the public domain,” said Coe. “Secondly, it is only a conflict if you can’t stand behind procedures and processes and, thirdly, it’s if you behave badly. I don’t intend to do any one of those three.”

Help me here; is he saying in his first point that something cant be a conflict if you have registered it? Point 2 is meangless and point 3 seems to jsut say "trust me ;-)".