Our website uses cookies to give you the best possible experience and to help us understand how our site is being used. By using this website you consent to the use of cookies in accordance with our privacy policy.

Conflicts of interest practice guide

This guide helps directors manage conflicts of interest in the boardroom and model good practice.

By Institute of Directors
1 May 2015
two arrows pointing at each other made up of groups of people

A conflict of interests occurs when a director has more than one interest, one of which will or might motivate an act in another.

Even where there is no statutory requirement to disclose interests, the associated risks need to be managed to avoid unwanted consequences.

This guide provides a three-step process for handling a conflict of interests.

  1. Identify conflicting interests in a director's role or responsibilities.
  2. Declare the conflict to the board and record it in the organisation’s interest register.
  3. Determine what course of action should be taken

Related content

Related tags