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Posted on August 18, 2017 by Jacob Holliday
High profile incidents remind individuals and organisations just how important it is to manage potential conflicts of interest. In March 2017, the Court of the Bank of England commissioned a review of the institution’s approach to managing conflicts of interest. The review was prompted by the resignation of Charlotte Hogg who had been Deputy Governor for Markets and Banking. A report from the House of Commons Treasury Select Committee published in March 2017 had raised concerns about her compliance with the Bank’s rules governing conflicts of interest. As part of its Review the Bank invited the NAO to contribute a briefing paper on managing conflicts of interest. It’s a timely opportunity for the whole public sector to consider whether it’s managing conflicts of interest effectively. more… Managing conflicts of interest and keeping public trustTagged: Accountability, Business operations, Conflict of interest, Contract management, Cross-government, Employee engagement, Good practice principles, International, Investigations, Local government, Regulation & consumer protection, Reporting, Risk management
Managing conflicts of interest and keeping public trust
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