conflict of interest


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conflict of interest

A situation in which a person's or group's private interests may potentially be or come to be in opposition or conflict with their public or official role. A: "I heard that officer was removed from the case due to a conflict of interest." B: "Yeah, his cousin is now one of the suspects."
See also: conflict, interest, of

conflict of ˈinterest(s)

a situation in which there are two jobs, aims, roles, etc. and it is not possible for both of them to be treated equally and fairly at the same time: There was a conflict of interest between his business dealings and his political activities.
See also: conflict, interest, of
References in periodicals archive ?
'The conflict of interest was an excuse that was given at the wrong place in order to remove Syazlin from representing the Housing and Local Government Ministry and Fire Department,' he explained.
The PS said the EPRA boss would have raised a red flag already were there any conflict of interest in the recent appointment that has got tongues wagging in the energy circles.On Saturday, Energy CS Charles Keter too sought to downplay the matter saying Dr Irungu's appointment to the authority was no threat to smooth operations there.
On conflict of interest, Pichay was accused of voting for the approval of the P1.5 million donated for the chess events even if the sporting events was not among LWUA's primary purposes.
Yet, while there was no agreement on a Conflict of Interest policy at the end of this year's Intersessionals, according to Jesse Bragg of CAI, 'Global South leaders prevailed in securing a clear path forward for the conflict of interest movement, ensuring the issue will be front and center next year' In my opinion, we should not kick polluters completely out of the door, yet we must push for a Conflict of Interest policy that makes for transparency and accountability in the negotiations.
A Commissioner of CIABOC Neville Guruge said so far there were no provisions in the Sri Lankan legal system to take action against instances of conflict of interests and nepotism that arise while performing duties in the state sector and law enforcement agencies.
That doesn't necessarily matter: Your actions don't need to actually harm the company or have bad intentions to constitute a conflict of interest. It comes back to split loyalties: simply being in a position to benefit yourself, your friends or your family, at the expense of the company.
When a conflict of interest arises, you may get the same queasy feeling you had before the CPA Exam.
The latest to be accused of having conflict of interest in his roles with Indian cricket is Rahul Dravid, who is the coach of the India A and Under-19 teams and is also the mentor of Delhi Daredevils team in the IPL.
Sir Alistair, who chaired the UK's Committee on Standards in Public Life from 2004-7, said: "Paragraph 4.4 of the ministerial code urges ministers to take 'particular care' to avoid any conflict of interest.
A framework to deal with conflicts of interest is provided: 1) Identify the conflict of interest; 2) evaluate the conflict; and 3) consider matters relative to disclosure and consent.
Shortly after the two new teams joined the Indian Premier League bandwagon on Tuesday, the board was left red- faced when a scribe asked its president Shashank Manohar a question on conflict of interest.
Houston, TX, April 22, 2015 --(PR.com)-- ConvergePoint, the leading compliance management software provider, today announced that it has expanded its offerings to include Conflict of Interest (COI) Disclosure Software.
However, the paper says, these do not explicitly address situations in which funds/accounts are not identical but in which sufficient overlap exists to create a potential conflict of interest.
New Delhi -- Indian Supreme Court has finally pronounced its muchawaited verdict on N Srinivasan's conflict of interest case, saying that BCCI functions are amenable to judicial review.
"There's a real civil war going on." He explained that it is common for real estate lawyers on Staten Island and Long Island to own title insurance firms, potentially posing a conflict of interest during a transaction.
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