Automated directorship checks made easy
Directorship Check - get the full picture
For any business appointing a director or senior management professional, a directorship check is a quick way to assess any conflicts of interest or any other potential risks.
This may be a significant role in a business in the same industry that may benefit from insight gained from working with a competitor, or in some other way that poses an impact on the hiring organization.
A directorship or conflict of interest check allows Veremark to analyze and report back past and current business appointments and director disqualifications that could present a risk post-hire.
Our directorship check includes:
- Current and past directorships, disqualifications and shareholdings
- Insight into any conflicts of interest and is valuable data that can influence hiring decisions
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Our directorship check service is a simple process of investigating past and current appointments, disqualifications and any other information that could pose as a conflict of interest if hired. Results are quickly uploaded onto the platform, and live status updates are available throughout the process.
Integrations into your existing HR workflows mean this type of record can be combined with other confidential data to assess a candidate’s eligibility to work within the organization.
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FAQs
As with other types of illegal or unethical activities, conflict of interest activities carry risks. Federal and state laws have been set-up to criminalize conflict of interest in the public sector, and in certain circumstances, conflicts of interest can be a punishable offense.
A director's conflict of interest is a situation where the director's personal interests conflict with their duties. This means that the person might have some other interest that could have an impact on this business.
A conflict of interest for a board member is signified by someone who has competing interests or loyalties. An individual that has two relationships that might compete with each other for the person's loyalties is also considered a conflict of interest.
As most people know, a conflict of interest is when there is a financial transaction that could influence the director's judgment. For example, if someone accepts money for providing something to their company without considering what it cost, they may need to return this "benefit" to the company.
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