"An "interest" is a commitment, obligation, duty or goal associated with a particular social role or practice. By definition, a 'conflict of interest' occurs if, within a particular decision-making context, an individual is subject to two coexisting interests that are in direct conflict with each other."
The management of conflicts of interest that may arise in public sector decision-making and actions.
"Such a matter is of importance because under such circumstances the decision-making process can be disrupted or compromised in a manner that affects the integrity or the reliability of the outcomes."
"The interests involved can be pecuniary or non-pecuniary."
"The existence of such conflicts is an objective fact, not a state of mind, and does not in itself indicate any lapse or moral error."
"Typically, this will involve the conflicted individual either giving up one of the conflicting roles or else recusing themselves from the particular decision-making process in question."
"A conflict of interest can be discovered and voluntarily defused before any corruption occurs."
"A widely used definition is: 'A conflict of interest is a set of circumstances that creates a risk that professional judgment or actions regarding a primary interest will be unduly influenced by a secondary interest.'"
"Primary interest refers to the principal goals of the profession or activity, such as the protection of clients, the health of patients, the integrity of research, and the duties of public officers."
"Secondary interest includes personal benefit and is not limited to only financial gain but also such motives as the desire for professional advancement or the wish to do favors for family and friends."
"Conflict of interest rules in the public sphere mainly focus on financial relationships since they are relatively more objective, fungible, and quantifiable, and usually involve the political, legal, and medical fields."
"A conflict of interest exists if the circumstances are reasonably believed (on the basis of past experience and objective evidence) to create a risk that a decision may be unduly influenced by other, secondary interests."
"A conflict of interest exists if the circumstances are reasonably believed (on the basis of past experience and objective evidence) to create a risk that a decision may be unduly influenced by other, secondary interests, and not on whether a particular individual is actually influenced by a secondary interest."
"Conflict-of-interest rules [...] regulate the disclosure and avoidance of these conditions."
"Such a matter is of importance because under such circumstances the decision-making process can be disrupted or compromised."
"The interests involved can be pecuniary or non-pecuniary."
"Typically, this will involve the conflicted individual either giving up one of the conflicting roles or else recusing themselves from the particular decision-making process in question."
"Conflict of interest rules in the public sphere mainly focus on financial relationships since they are relatively more objective, fungible, and quantifiable, and usually involve the political, legal, and medical fields."
"Primary interest refers to the principal goals of the profession or activity, such as the protection of clients, the health of patients, the integrity of research, and the duties of public officers."
"Under such circumstances, the decision-making process can be disrupted or compromised in a manner that affects the integrity or the reliability of the outcomes."
"However, especially where a decision is being taken in a fiduciary context, it is important that the contending interests be clearly identified and the process for separating them is rigorously established."