Conflict of Interest Policy
A Conflict of Interest Policy outlines the process for the disclosure of any conflicts of interest that your employees may have. Using this policy helps protect your Company by ensuring that you are aware of any circumstances that may create a conflict of interest, and can address these before they can damage your company or expose you to a breach of the law.
4.5 (16 reviews)
Last updated December 20, 2024
Under 3 minutes
Suitable for Australia
Written by
Edwin Montoya Zorrilla
Reviewed by
Damin Murdock
Document Overview
This Conflict of Interest Policy provides clarity about what constitutes an actual, potential or perceived conflict of interest and communicates a process for disclosing any such conflicts to the Company. It also helps guide the Company on how to manage any such disclosures, and the key factors to consider before making a decision.
The Legal Risk Score of a Conflict of Interest Policy Template
Our legal team have marked this document as low risk considering:
- The policy requires employees to self-report conflicts of interest, which carries the risk of subjective interpretation of what constitutes a conflict, potentially leading to inconsistent reporting and management of such conflicts.
- It can be changed at any point.
- It is a very commonplace document.
Conflict of Interest Policy Checklist
Complete your free Conflict of Interest Policy with our checklist
Ensure Proper Disclosure
After completing the document, each employee should immediately disclose any actual or potential conflicts of interest by emailing the details to the designated address and copying their manager.
Update Conflict Information Promptly
Employees must also promptly update any changes in their conflict of interest situation by following the same reporting process as initially required.
Review and Understand Policy
Employees should thoroughly review and understand the conflict of interest policy to ensure they can accurately identify and manage potential conflicts as they arise.
Seek Clarification When Needed
If there is any doubt about potential conflicts, employees should seek guidance from their managers or appropriate personnel at Origin Energy to clarify whether an action might constitute a conflict of interest.
Use this Policy if:
- You need to create a process for the disclosure of any conflicts of interest that your employees may have;
- You want to ensure that your employees are aware of their obligations regarding any conflicts of interest;
- Your management team need clarity on how to record and monitor any disclosed conflicts of interest;
- You want to clarify what constitutes a conflict of interest; and
- You would like to communicate how any disclosed conflicts of interest are managed, and establish the options available to the Company in managing these.
What does this Policy cover?
- Employee obligations around notifying the Company of any actual, potential or perceived conflicts of interest;
- Clarification on what constitutes a conflict of interest;
- The process for declaring any conflicts of interest; and
- The Company’s process for managing any disclosed conflicts.
Further information:
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