What to include in a conflicts of interest policy
A clear policy gives employees practical guidance for recognizing situations where personal interests or relationships could affect – or appear to affect – professional judgment. This sample Conflict of Interest Policy Template gives you a starting point where you can adapt to your organization’s needs, workforce and applicable requirements.
Use the template to address:
- Actual, potential and perceived conflicts of interest
- Financial interests involving suppliers, customers, competitors and other third parties
- Outside employment, consulting engagements and board service
- Personal relationships, nepotism and favoritism risks
- Gifts, entertainment and hospitality
- Disclosure requirements and conflict certifications
- Evaluation and mitigation of disclosed conflicts
- Training, monitoring, reporting and enforcement
The template is intended for general guidance and should be reviewed with qualified legal or compliance professionals to account for the requirements that apply to your organization and jurisdictions.
