Conflict of interest and Digital Dollar Project: Difference between pages

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A situation in which an individual or an organisation has multiple duties or interests which threaten the independence or integrity of their professional work.
''Central bank digital currencies (CBDC) - United States - US dollar.''


Examples of conflicts of interest include being the auditor of a company with which the auditor is connected through a personal or family interest.
(DDP).


 
The purpose of the Digital Dollar Project is to encourage research and public discussion on the potential advantages of a digital US dollar, convene private sector thought leaders and actors, and propose possible models to support the public sector.
Conflicts of interest should normally be avoided altogether.
 
For example the ethical guidance of the Association of Corporate Treasurers (ACT) defines the fundamental principle of integrity to include:
 
"avoiding conflict between the member’s private self-interest and that of his employer or clients"




== See also ==
* [[Central bank digital currency]]  (CBDC)
* [[Currency]]
* [[Digital]]
* [[Digital currency]]
* [[Digital euro]]
* [[Dollar]]
* [[e-krona]]
* [[e-money]]
* [[Money]]
* [[Retail central bank digital currency]]
* [[Sand Dollar]]
* [[United States]]
* [[Wholesale central bank digital currency]] (wCBDC)


In certain limited circumstances, it may be possible to deal with some types of conflict of interest by disclosure and appropriate management.


==External link==
* [https://digitaldollarproject.org/ Digital Dollar Project - Leading The Discussion On a US Central Bank Digital Currency]


== See also ==
[[Category:Accounting,_tax_and_regulation]]
* [[ACT Competency Framework]]
* [[ACT Ethical Code]]
* [[Auditor]]
* [[Connected person]]
* [[Independence]]
* [[Independent]]
* [[Integrity]]
* [[Interest]]
* [[Public interest]]
 
[[Category:The_business_context]]
[[Category:The_business_context]]
[[Category:Compliance_and_audit]]
[[Category:Identify_and_assess_risks]]
[[Category:Ethics]]
[[Category:Manage_risks]]
[[Category:Risk_frameworks]]
[[Category:Risk_reporting]]
[[Category:Cash_management]]
[[Category:Financial_products_and_markets]]
[[Category:Liquidity_management]]
[[Category:Technology]]

Revision as of 14:02, 20 September 2022

Central bank digital currencies (CBDC) - United States - US dollar.

(DDP).

The purpose of the Digital Dollar Project is to encourage research and public discussion on the potential advantages of a digital US dollar, convene private sector thought leaders and actors, and propose possible models to support the public sector.


See also


External link