In this section, you will learn about Iguality's Conflict of Interest Policy, which ensures that board members, employed staff, and freelancers conduct themselves with integrity and transparency. The policy details how to identify, disclose, and manage conflicts of interest to maintain stakeholder trust and comply with legal and ethical standards.
Disclosure of Conflicts of Interest
Last updated: April 27, 2025 at 08:14
To uphold the integrity and transparency of Iguality, all individuals covered by this policy are required to disclose any situation or relationship that could create a potential or actual conflict of interest. The following outlines specific scenarios where disclosure is required:
- Financial Interests: Individuals must disclose any direct or indirect financial interest in a business, entity, or organisation that could influence or appear to influence their decisions or actions as part of their role with Iguality. This includes ownership of shares, investment interests, or any financial dealings that could give rise to a conflict.
- Personal and Familial Relationships: Any personal relationships, such as familial or close friendships, that may affect objectivity should be disclosed. For example, if an individual’s spouse or family member is involved in a project or contract with Iguality, this must be made known to the board to assess potential conflicts. This ensures that decisions are made impartially and without the influence of personal ties.
- Professional Relationships: Any current or past professional relationships, including employment, consultancy, or contractual roles with other organisations that may compete with or have business dealings with Iguality, must be disclosed. This includes roles held in organisations with which Iguality may be collaborating, as these could present conflicts in decision-making or resource allocation.
Disclosures must be made in writing to the board of directors at the earliest opportunity, or upon the emergence of a new conflict of interest. The board will evaluate the disclosed information and determine the appropriate course of action. Individuals should update their disclosures regularly or when a new potential conflict arises. This may include, for example, changes in financial interests, family relationships, or professional engagements that could lead to a conflict.
By adhering to this disclosure requirement, individuals help ensure that any conflicts are identified and addressed before they can affect the integrity of decision-making processes or the operation of the organisation. All disclosures will be treated confidentially and assessed with the aim of protecting the organisation and its stakeholders.
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