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What is conflict of interest? A situation that has the potential to undermine the impartiality of a person because of the possibility of a clash between the person's self-interest and professional interest or public interest. A situation where a professional, or a corporation, has a vested interest which may make them an unreliable source. The interest could be money, status, knowledge or reputation for example. When such a situation arises, the party is usually asked to remove themselves, and it is often legally required of them. Is there a difference between conflict of interest and various controversies and harms? What are examples of a conflict of interest? What are examples of various controversies? What are examples of various harms? Here are further guidelines. |