Directorship Check

Automated directorship checks made easy

Why use Veremark for Directorship/Conflict of interest checks?

With our award-winning software, we’re the number one choice for leading brands and workplaces all over the world.

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.


Are conflicts of interest illegal?

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.

How does conflict of interest apply to directors?

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.

What constitutes a conflict of interest for a board member?

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.

What happens when a director has 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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