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Flashcards in Conflicts of interest Deck (4)
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1

What are the three types of conflict of interest?

Party Conflict
Own Interest Conflict
Confidential Information Conflict

2

What is a party conflict

where a members duty to act within the interest of their client conflicts with the duty or interest of another client in respect of the same, or a related professional assignments

3

What is an Own Interest Conflict

Where your duty to act for the benefit of your client conflicts with the interests of your own firm

4

What is a confidential information conflict

Where your duty to provide information to one party in respect of an instruction conflicts with your duty to protect the personal information of another client for another instruction.