How to treat information and administer your organisation’s policy

Your organisation must treat information and administer its policy in accordance with all relevant laws and other obligations, such as:

Include a collection notice on your organisation’s Declaration and management plan form and its DOPI form. The model forms we offer include collection notices.

Monitoring and evaluation

Regularly monitor and evaluate the effectiveness of your organisation’s:

  • conflict of interest policy and processes
  • preventative and management strategies – such as its guidance materials.

Example – monitoring as a second line of defence

Monitoring your organisation’s process for declaring conflicts of interest and its process for developing conflict of interest management plans can help to:

  • identify opportunities for improvement
  • gauge the effectiveness of the system
  • detect non-compliance.

Audit and risk committee

Your organisation’s Risk and Audit Committee must ensure they receive a report from the organisation at least annually on its conflict of interest processes, including declaration, recording, management and quality control.

Checklist

The overview checklist at the start of this guide doubles a handy starting point for the evaluation process.