Sunday, 14 September 2008

Conflicts of interest: The broad sweep.

I'm sorry I've been busy lately. 

But I've been doing a little digging and probing. Ferriting in the muck. Dredging through the detritus.

And so I would like to cover a little ground on conflicts of interest. 

Now this is a lengthy topic and worthy of far more than the crude and untrained overview I intend to provide. So I encourage you to do your own research on the topic where you think there might be an instance of something odd happening that makes you go hmmm.....

So what I'd like to cover are the following topics;
  • Definition
  • Identifying
  • Rules and Regulations
  • Types of other interest
  • Dealing with them
  • Avoiding
  • Disclosing 
The vast majority of this is sourced from the website of the Office of the Auditor-General.

Now there'd be no use going through all of this without a reason.
So why?

Well, I'm curious. You see the wine industry is a large body with considerable influence. An influence that could extend either intentionaly, or not, to other bodies that have responsibilities in other areas. This could indicate a conflict of interest.
As you'll see with the discussion. This is not necessairly a bad thing so long as it is managed properly. But it does need to be managed properly...


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