Conflict of Interest Policy

A Conflict of Interest Policy outlines the obligations of a company's management and its employees to avoid conflicts of interest. A conflict of interest refers to when an employee's personal interests intersect with the company’s interests. An example of a conflict of interest is accepting personal incentives to accept specific vendors for your company.

Use this Conflict of Interest Policy If:

• You want to create clear definitions, disclosure processes and consequences in dealing with conflicts of interests 

• You wish to protect against personal conflicts of interests and the effect they can have on an employee's judgment 

• You wish to minimise conflicts of interests

What does this Conflict of Interest Policy cover?

• Purpose of Policy

• Scope- Who does the Policy Apply to

• Definition of Conflict of Interest

• Types of Conflicts 

• Identifying Conflicts

• Declaring and reporting conflicts

• Managing Conflicts

Further Information:

• Conflicts of Interest: How to Avoid Them