Setting up and running a charity – guidance

Conflicts of interest: a guide for charity trustees (CC29)

Find out the legal and regulatory requirements relating to conflicts of interest and how trustees can identify and manage them.

Detail

Trustees have a duty to act in the best interest of their charity. If there’s a decision to be made where a trustee has a personal or other interest, this is a conflict of interest.

In order to comply with their duty and avoid risking their charity’s reputation, trustees should follow the 3 step approach:

  • identify a conflict of interest
  • deal with a conflict of interest
  • record a conflict of interest

This guidance explains how charity trustees can deal with conflicts of interest and prevent them from happening.