30/11/2021
Publication by AFA of its Practical Guide on the prevention of conflicts of interest in companies
On November 18, the French Anti-Corruption Agency (“AFA”) published the final version of its Practical Guide on the prevention of conflicts of interest in companies, which had previously been submitted for public consultation.
This Guide, aimed at companies and industrial and commercial public entities, their managers and compliance professionals, is intended to help the latter identify risk situations and choose the most appropriate measures in order to prevent and manage them.
The Guide, which proposes a definition of conflicts of interest ("The existence of a personal interest whose interference with the function performed within an entity is such as to influence, or appear to influence, the objective and independent performance of the function on behalf of such entity") is illustrated by various good practices observed by AFA during its missions.
