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Conflict Of Interest ManagementLocal Legal and Compliance DepartmentCoface South Africa Issued by Approved on Approved by Created by Validator Implementation Date Version Date last modified1.26 December

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How to fill out conflict of interest management

01

Identify potential conflicts of interest

02

Disclose all relevant financial interests

03

Develop a management plan for each conflict

04

Monitor and update the management plan regularly

Who needs conflict of interest management?

01

Individuals working in organizations where conflicts of interest may arise

02

Board members, executives, and employees involved in decision-making

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What is conflict of interest management?

Conflict of interest management refers to the processes and procedures implemented to identify, disclose, and address situations where an individual's personal interests may conflict with their professional responsibilities, ensuring integrity and accountability in decision-making.

Who is required to file conflict of interest management?

Individuals in positions of authority or those who have decision-making power within organizations, such as executives, board members, and certain employees, are typically required to file conflict of interest disclosures.

How to fill out conflict of interest management?

To fill out a conflict of interest management form, individuals should provide accurate information about their financial interests, relationships, and any potential conflicts relevant to their role. This may involve answering specific questions and providing detailed descriptions of interests and relationships.

What is the purpose of conflict of interest management?

The purpose of conflict of interest management is to maintain transparency, uphold ethical standards, and prevent any undue influence or bias that could compromise professional decisions and the integrity of the organization.

What information must be reported on conflict of interest management?

Individuals must report information such as personal financial interests, family relationships, outside employment, sponsorships, and any other relationships or interests that could potentially influence their professional actions.

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