A conflicts of interest register is the record in which an organisation documents the conflicts of interest it has identified, between itself and its clients, between one client and another, or between an individual's personal interests and their duties, together with the measures taken to prevent or manage each. A typical entry describes the conflict, the parties affected, the controls in place, such as information barriers or disclosure, and the owner.
Financial regulation commonly requires such a record. Under MiFID II, investment firms must keep and regularly update a record of activities in which a conflict entailing a risk of damage to clients has arisen or may arise, and senior management must receive reports on it. Boards keep a similar register of directors' outside interests for the board of directors. The register is maintained by the compliance officer, forms part of the conduct risk framework and is reviewed under the compliance monitoring programme.