What is Conflict of Interest Software?
A conflict of interest is a scenario whereby an individual’s decision making is, or potentially could be, compromised due to the fact he or she has competing interests or loyalties.
Similar to other types of unethical activities, conflict of interest issues carry the risk of consequences and can result in fines or prosecution. For example, government officials are specifically prohibited from activities that would result in a personal gain because of conflict of interest.
To understand conflict of interest in greater detail, including how IntelligneceBank GRC can help manage the risks involved, please download the whitepaper below.