Conflict of interest policy template
Use this model conflict of interest policy to outline the rules regarding conflict of interest and the responsibilities of employees and the company in resolving any such discrepancies.
- 2 pages / 292 words.
- Last updated 07/03/2023.
- Designed for United Kingdom use.
- Suitable for use in other territories; check local laws first.
- Instantly download as Word / PDF / plain text, or send by email.
- Includes 12 months’ access, with all updates to this page provided free of charge and notified to you.
Conflict of interest policy
1 Overview
1.1 This policy outlines the rules regarding conflict of interest and the responsibilities of employees and the company.
2 Scope
2.1 This policy is applicable to all employees of [company name].
3 General principles
3.1 The relationship of the company with its employees should be based on mutual trust. As the company is committed to preserve the interests of people under its employment, it expects them to act only towards its own fundamental interests.
Conflict of interest may occur whenever an employee's interest in a particular subject may lead them to actions, activities or
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A conflict of interest policy is a set of guidelines and procedures that an organisation establishes to ensure that its employees, officers, directors, and other stakeholders act in the best interests of the organisation and avoid any conflicts between their personal interests and those of the organisation.
The policy outlines the types of conflicts of interest that may arise, such as financial interests, family relationships, or other personal connections, and provides specific steps for employees to disclose any potential conflicts of interest. It may also include guidelines for addressing conflicts of interest, such as recusal from decision-making or seeking independent advice.
The purpose of a conflict of interest policy is to promote transparency, integrity, and accountability in organisational decision-making and to protect the organisation's reputation and financial well-being. By having a clear policy in place, organisations can prevent or mitigate the negative effects of conflicts of interest on their operations and relationships with stakeholders.
Send to appropriate internal recipients such as employees, workers, contractors etc. and request confirmation that is has been read and understood.
Issue during onboarding / after changes / planned refresher.
Frequently Asked Questions
Frequently Asked Questions
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Can I use this template in my small business?
Yes. The Conflict of interest policy template is designed to be flexible and suitable for organisations of all sizes, including small businesses and charities. It follows UK employment law best practice, so even if you don't have an in-house HR team, you can confidently apply it.
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Is this template compliant with 2025 UK employment law?
Absolutely. All of our templates are drafted with the latest ACAS guidance and UK employment legislation in mind. We review and update them regularly, so you can be confident they remain compliant.
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Can I customise it for my organisation?
Yes, we highlight the areas that you need to update with your own details, and where you need to make decisions to suit your situation. This saves you time and ensures that you meet best practice.
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Do I get instant access?
Yes. Once purchased, you'll be able to download it instantly. Templates are provided in editable Word or Excel format so you can customise them easily, and in PDF format for easy sharing.
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What if I need more help, not just this template?
If you're looking for broader support, we also offer toolkits and library bundles that include this template, along with other HR templates and policies for fully managing your situation. These may be more cost-effective if you need deeper advice.
