Typical features – high risk areas
High risk areas are typically those where employees:
- have the power to make or influence decisions that can benefit others, or
- have private interests that may conflict with their work duties.
Identifying your organisation’s high-risk areas
The process of identifying your organisation’s high-risk areas would include reviewing its functions, activities and operating environment.
List of typical high-risk areas
Our list of typical areas of high risk for conflict of interest will be useful to consider during this process. It has examples of typical high-risk areas relating to:
- organisation functions and employee roles
- operating environment
- private interests.
Benefits to your organisation
Identifying your organisation’s own particular areas of high risk for conflict of interest will enable your organisation to:
- develop preventative strategies to reduce the likelihood of conflicts of interest arising
- advise employees of high risk areas for your organisation – for example, list these areas in your organisation’s conflict of interest policy or guidance
- provide targeted safeguards and education for employees in high risk areas
- help to ensure that when conflicts of interest do arise the risk mitigation strategies in your organisation’s conflict of interest policy are suitable to manage them.
For more information see:
IBAC also offers information on conflicts of interest, such as: