Conflict of Interest Laws

Conflict of interest laws are regulations designed to prevent individuals in positions of authority, like government officials or corporate executives, from making decisions that could benefit themselves or their close associates financially. These laws require transparency and disclosure of any potential conflicts, ensuring that decisions are made in the best interest of the public or the organization, rather than for personal gain. By addressing conflicts of interest, these laws aim to maintain fairness, integrity, and trust in both public service and business practices.