diff --git a/iam/converter_native.go b/iam/converter_native.go
index a28d443..74c2822 100644
--- a/iam/converter_native.go
+++ b/iam/converter_native.go
@@ -101,7 +101,12 @@ func ConvertToNativeChain(p Policy, resolver NativeResolver) (*chain.Chain, erro
 		for _, groupedResource := range groupedResources {
 			for _, principal := range principals {
 				for _, conditions := range splitConditions {
-					ruleConditions := append([]chain.Condition{principalCondFn(principal)}, groupedResource.Conditions...)
+					var principalCondition []chain.Condition
+					if principal != Wildcard {
+						principalCondition = []chain.Condition{principalCondFn(principal)}
+					}
+
+					ruleConditions := append(principalCondition, groupedResource.Conditions...)
 
 					r := chain.Rule{
 						Status:  status,
@@ -220,13 +225,7 @@ func formNativeResourceNamesAndConditions(names []string, resolver NativeResolve
 
 		if resource == Wildcard {
 			res = res[:0]
-			if actionTypes.Object {
-				res = append(res, GroupedResources{Names: []string{native.ResourceFormatAllObjects}})
-			}
-			if actionTypes.Container {
-				res = append(res, GroupedResources{Names: []string{native.ResourceFormatAllContainers}})
-			}
-			return res, nil
+			return append(res, formWildcardNativeResource(actionTypes)), nil
 		}
 
 		if !strings.HasPrefix(resource, s3ResourcePrefix) {
@@ -237,13 +236,7 @@ func formNativeResourceNamesAndConditions(names []string, resolver NativeResolve
 		s3Resource := strings.TrimPrefix(resource, s3ResourcePrefix)
 		if s3Resource == Wildcard {
 			res = res[:0]
-			if actionTypes.Object {
-				res = append(res, GroupedResources{Names: []string{native.ResourceFormatAllObjects}})
-			}
-			if actionTypes.Container {
-				res = append(res, GroupedResources{Names: []string{native.ResourceFormatAllContainers}})
-			}
-			return res, nil
+			return append(res, formWildcardNativeResource(actionTypes)), nil
 		}
 
 		if sepIndex := strings.Index(s3Resource, "/"); sepIndex < 0 {
@@ -290,6 +283,18 @@ func formNativeResourceNamesAndConditions(names []string, resolver NativeResolve
 	return res, nil
 }
 
+func formWildcardNativeResource(actionTypes ActionTypes) GroupedResources {
+	groupedNames := make([]string, 0, 2)
+	if actionTypes.Object {
+		groupedNames = append(groupedNames, native.ResourceFormatAllObjects)
+	}
+	if actionTypes.Container {
+		groupedNames = append(groupedNames, native.ResourceFormatAllContainers)
+	}
+
+	return GroupedResources{Names: groupedNames}
+}
+
 func formNativePrincipal(principal []string, resolver NativeResolver) ([]string, error) {
 	res := make([]string, len(principal))
 
diff --git a/iam/converter_s3.go b/iam/converter_s3.go
index 5af957a..f4ef7eb 100644
--- a/iam/converter_s3.go
+++ b/iam/converter_s3.go
@@ -49,11 +49,16 @@ func ConvertToS3Chain(p Policy, resolver S3Resolver) (*chain.Chain, error) {
 
 		for _, principal := range principals {
 			for _, conditions := range splitConditions {
+				var principalCondition []chain.Condition
+				if principal != Wildcard {
+					principalCondition = []chain.Condition{principalCondFn(principal)}
+				}
+
 				r := chain.Rule{
 					Status:    status,
 					Actions:   ruleAction,
 					Resources: ruleResource,
-					Condition: append([]chain.Condition{principalCondFn(principal)}, conditions...),
+					Condition: append(principalCondition, conditions...),
 				}
 				engineChain.Rules = append(engineChain.Rules, r)
 			}
diff --git a/iam/converter_test.go b/iam/converter_test.go
index 0bf917c..e02109e 100644
--- a/iam/converter_test.go
+++ b/iam/converter_test.go
@@ -154,6 +154,40 @@ func TestConverters(t *testing.T) {
 		require.Equal(t, expected, nativeChain)
 	})
 
+	t.Run("valid native policy with container resources", func(t *testing.T) {
+		p := Policy{
+			Version: "2012-10-17",
+			Statement: []Statement{{
+				Principal: map[PrincipalType][]string{
+					AWSPrincipalType: {principal},
+				},
+				Effect:   AllowEffect,
+				Action:   []string{"s3:PutObject"},
+				Resource: []string{resource},
+			}},
+		}
+
+		expected := &chain.Chain{Rules: []chain.Rule{
+			{
+				Status:    chain.Allow,
+				Actions:   chain.Actions{Names: []string{native.MethodPutObject}},
+				Resources: chain.Resources{Names: []string{fmt.Sprintf(native.ResourceFormatNamespaceContainerObjects, namespace, mockResolver.containers[bktName])}},
+				Condition: []chain.Condition{
+					{
+						Op:     chain.CondStringEquals,
+						Object: chain.ObjectRequest,
+						Key:    native.PropertyKeyActorPublicKey,
+						Value:  mockResolver.users[user],
+					},
+				},
+			},
+		}}
+
+		nativeChain, err := ConvertToNativeChain(p, mockResolver)
+		require.NoError(t, err)
+		require.Equal(t, expected, nativeChain)
+	})
+
 	t.Run("valid inverted policy", func(t *testing.T) {
 		p := Policy{
 			Version: "2012-10-17",
@@ -1190,11 +1224,29 @@ func TestWildcardConverters(t *testing.T) {
 	err := json.Unmarshal([]byte(policy), &p)
 	require.NoError(t, err)
 
-	_, err = ConvertToS3Chain(p, newMockUserResolver(nil, nil, ""))
-	require.NoError(t, err)
+	s3Expected := &chain.Chain{
+		Rules: []chain.Rule{{
+			Status:    chain.Allow,
+			Actions:   chain.Actions{Names: []string{Wildcard}},
+			Resources: chain.Resources{Names: []string{Wildcard}},
+		}},
+	}
 
-	_, err = ConvertToNativeChain(p, newMockUserResolver(nil, nil, ""))
+	s3Chain, err := ConvertToS3Chain(p, newMockUserResolver(nil, nil, ""))
 	require.NoError(t, err)
+	require.Equal(t, s3Expected, s3Chain)
+
+	nativeExpected := &chain.Chain{
+		Rules: []chain.Rule{{
+			Status:    chain.Allow,
+			Actions:   chain.Actions{Names: []string{Wildcard}},
+			Resources: chain.Resources{Names: []string{native.ResourceFormatAllObjects, native.ResourceFormatAllContainers}},
+		}},
+	}
+
+	nativeChain, err := ConvertToNativeChain(p, newMockUserResolver(nil, nil, ""))
+	require.NoError(t, err)
+	require.Equal(t, nativeExpected, nativeChain)
 }
 
 func TestActionParsing(t *testing.T) {