What is the purpose of a conflict of interest policy

This fiduciary responsibility includes all other board responsibilities.The recommended conflict of interest policy is a strategy we encourage organizations to adopt as a means to establish procedures that will offer protection against charges of impropriety involving officers, directors or trustees.Such a conflict occurs when a.This is an unwanted circumstance as it may have heavy implications on the employee's judgement and commitment to the company, and by extension to the realization of its goals.The [charity] [board, committee of management or other governance structure as relevant.

Policy on conflict of interest.Also available as pdf (120kb).The same can be said for having a conflict of interest policy in writing.Fiduciary matters involve responsibilities to care for business interests.Address conditions under which outside activities.

The duty of loyalty, putting board responsibilities above other outside.The policy sets boundaries for employees where possible conflicts may arise in order to protect the company and prevent clashes between a company and its workers.