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.

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Last updated April 2, 2025

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Suitable for Australia

Conflict of Interest Policy

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What is a conflict of interest policy?

A conflict of interest policy sets out how employees must disclose any situations where their personal interests could improperly influence their work decisions or duties within a company.
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When should you use a conflict of interest policy?

You should use a conflict of interest policy when you want to ensure employees disclose conflicts, clarify expectations, and protect your business from risks associated with undisclosed or unmanaged conflicts.
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What should be in a conflict of interest policy?

A conflict of interest policy should define conflicts, outline employee obligations, explain the disclosure process, and set out how the company will manage and monitor reported conflicts.
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Frequently asked questions

Who should implement this policy?

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How does this policy protect my business?

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What types of conflicts does the policy cover?

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What are the main steps for employees under this policy?

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Can this policy be updated after implementation?

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Are there any limitations to this policy?

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What should I do after adopting this policy?

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View Sample Conflict of Interest Policy

Conflict of Interest Policy
risk level indicator at Low level

The Legal Risk Score of a Conflict of Interest Policy Template is Low

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.

Meet Our Users

Articles about Conflict of Interest Policy

Conflicts of Interest: How to Avoid Them
By Lachlan Ward|Apr 26, 2019

Conflicts of Interest: How to Avoid Them

Want to make sure you run your company responsibly? Find out here how to manage conflicts of interest responsibly and effectively.

How to Manage Conflicts of Interest in the Workplace
By Katarina Dapcevic|May 24, 2024

How to Manage Conflicts of Interest in the Workplace

Conflicts of interest can arise in all kinds of workplaces. Learn how to equip your business with the tools to identify them and deal with them effectively.

What is a Legal Information Barrier?
By Ryan Tjahjono|Oct 10, 2019

What is a Legal Information Barrier?

A legal information barrier is often used in law firms to ensure that a conflict of interest does not arise. Find out how it works here.

The Lawpath Blog
By 1476|

The Lawpath Blog

Stay up to date with legal concepts, tactics and strategies for your business

How to Resolve a Workplace Conflict: 5 Strategies to Use
By Ilyas Omari|Mar 13, 2023

How to Resolve a Workplace Conflict: 5 Strategies to Use

Are you struggling to resolve a workplace conflict? Check out this article to learn how to resolve a workplace conflict.

What Is a Breach of Fiduciary Duty?
By Lachlan Ward|May 8, 2019

What Is a Breach of Fiduciary Duty?

A fiduciary duty will impose important legal obligations upon you. Find out what happens if you breach these obligations here.

How does the Business Judgment Rule work?
By Naga Vamaraju|Apr 4, 2019

How does the Business Judgment Rule work?

The business judgment rule is designed to protect directors when a decision they make backfires. Read more on when the business judgment rule applies here.

What is a Lawyer-Client Relationship?
By Dominic Woolrych|Apr 21, 2016

What is a Lawyer-Client Relationship?

Decipher the legal jargon to better understand what is involved when hiring a lawyer.

Legal Professional Privilege: Where To Draw The Line
By Justin Pasqualino|Dec 7, 2018

Legal Professional Privilege: Where To Draw The Line

How a prominent criminal barrister sparked a royal commission.

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