Conflict of Interest
Being an South African Based IT MNC,
It is InfyStrat policy that employees and others acting on InfyStrat is behalf must be free from conflicts of interest that could adversely influence their judgment, objectivity or loyalty to the company in conducting InfyStrat business activities and assignments. The company recognizes that employees may take part in legitimate financial, business, charitable and other activities outside their InfyStrat jobs, but any potential conflict of interest raised by those activities must be disclosed promptly to management.
What it means
- Request management approval of outside activities, financial interests or relationships that may pose a real or potential conflict of interest. Remember that management approval is subject to ongoing review, so you need to periodically update your management on your involvement.
- Avoid personal relationships with other Iinfystrat Technology employees where parties in the relationship may receive or give unfair advantage or preferential treatment because of the relationship.
- Avoid actions or relationships that might conflict or appear to conflict with your job responsibilities or the interests of Iinfystrat Technology.
- Even the appearance of a conflict of interest can damage an important company interest.
- Obtain necessary approvals before accepting any position as an officer or director of an outside business concern.
- Prior to serving on the board of directors of a bona fide charitable, educational or other non-profit organization, you are encouraged to advise your management and Infystrat Technology.
What to avoid
- Working with a business outside your Iinfystrat Technology responsibilities that are in competition with any InfyStrat business.
- Accepting a gift that does not meet the standards in the InfyStrat Business Gifts and Entertainment Policy.
- Having a direct or indirect financial interest in or a financial relationship with a InfyStrat competitor, supplier or customer (except for insignificant stock interests in publicly-held companies).
- Taking part in any InfyStrat business decision involving a company that employs your spouse or family member.
- Having a second job where your other employer is a direct or indirect competitor, distributor, suppler or customer of InfyStrat.
- Having a second job or consulting relationship that affects your ability to satisfactorily perform your InfyStrat assignments.
- Using non-public InfyStrat information for your personal gain or advantage, or for the gain or advantage of another, including the purchase or sale of securities in a business InfyStrat is interested in acquiring, selling or otherwise establishing or terminating business relations with.
- Investing in an outside business opportunity in which Iinfystrat Technology has an interest, except for having an insignificant stock interest in publicly-held companies.
- Receiving personal discounts or other benefits from suppliers, service providers or customers that are not available to all InfyStrat employees.
- Receiving personal honoraria for services you perform that are closely related to your work at InfyStrat. Your supervisor should approve occasional honoraria, such as for a university presentation or symposium.
