Effective governance, risk management and internal audit practices are fundamental to ensuring transparency, accountability and the responsible use of public resources.
One of the most critical aspects of good governance is the management of conflicts of interest (COIs), whether they are actual, perceived or potential. Managing COIs effectively is essential to maintaining public trust, complying with regulations and ensuring that decisions are made with the
public good in mind.
As we have seen regularly in the media, high profile cases of COIs not being managed can lead to reputational damage, which takes years to recover.
Our governance and risk advisory experts have written a guide on conflicts of interest, what it is, types of conflicts of interest and how to manage them.
Click here to read the guide