GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||
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21:26 Jun 28, 2018 |
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English to French translations [PRO] Law/Patents - Other / GLOBAL ETHICS POLICY | |||||||
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| Selected response from: Daryo United Kingdom Local time: 10:58 | ||||||
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Summary of answers provided | ||||
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4 +1 | les octrois de dispense/dérogation |
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4 | [demandes de et octrois d'] exemptions de conflits d'intérêts |
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Discussion entries: 4 | |
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les octrois de dispense/dérogation Explanation: My take |
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[requests for and grants of] waivers of conflicts of interest. [demandes de et octrois d'] exemptions de conflits d'intérêts Explanation: when there is a conflict of interest, some actions between the "conflicted" parties are prohibited - HERE the "waivers" are exemptions from these prohibitions (granted by the company's legal department) - so a director who was granted a "waiver of conflict of interest" can make donations on behalf of the company to his wife's charity, or buy goods or services from another company owned by a family member etc ... -------------------------------------------------- Note added at 2 hrs (2018-06-29 00:01:45 GMT) -------------------------------------------------- "waivers of conflicts of interest" is in fact a shortened version of "waivers of prohibitions aimed at avoiding conflicts of interests" |
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