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a conflict of interest is any situation where your private interests interfere or appear to interfere with company interests conflicts of interest most often occur when you or a family member may benefit personally as a result of your position within the company here are some examples of conflicts of interest you or a close family member are working for a competitor or supplier or potential ones regardless of the nature of the employment hiring or supervising family members or closely related individuals serving as a board member for an outside commercial company or organization owning or having a substantial interest in a competitor supplier or contractor having a personal interest financial interest or potential gain in any company transaction placing company business with a firm owned or controlled by a company employee or his or her family or accepting gifts discounts favors or services from a customer or potential customer competitor or supplier unless equally available to all emp
