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ARTICLE · 29 NOVEMBER 2021

Why And How Should Academy Trusts Manage Conflicts Of Interests?

Wrigleys Solicitors LLP
Wrigleys Solicitors LLP
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Wrigleys Solicitors LLP

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We look here at the legal and practical reasons why academy trusts need to manage conflicts of interest and what this means for them in practice.

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We look here at the legal and practical reasons why academy trusts need to manage conflicts of interest and what this means for them in practice.

Context

Conflicts of interest have been topical of late, with consultancies and other paid roles for MPs in the spotlight. However, conflicts of interest continue to be an issue for academy trusts with the ESFA's 2020/21 assurance work highlighting the 'failure to identify and document conflicts of interest appropriately' as a 'main issue'.

So, what are conflicts of interest, how are they regulated and what must and can academy trusts do to manage them to ensure their continued success and avoid undermining public trust and confidence in their work with children and communities?

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