Conflict of Interest Breaches
Definition
Failure to track off-limits clients and perform conflict checks results in inability to pursue mandates, leading to revenue loss from rejected searches.
Key Findings
- Financial Impact: AUD 25,000-50,000 per rejected executive mandate (typical retained search fee 25-33% of first-year salary for AUD 200k-300k roles)
- Frequency: Per high-value mandate (10-20 per year for mid-sized firms)
- Root Cause: Manual database searches prone to errors in name variations, missing relationships, leading to off-limits violations
Why This Matters
The Pitch: Executive search firms in Australia waste AUD 10,000-50,000 per lost mandate on off-limits tracking failures. Automation of conflict checking eliminates this risk.
Affected Stakeholders
Search Consultants, Practice Leaders, Compliance Officers
Deep Analysis (Premium)
Financial Impact
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Current Workarounds
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Methodology & Sources
Data collected via OSINT from regulatory filings, industry audits, and verified case studies.
Related Business Risks
Manual Conflict Checking Delays
Lost Deals from Conflict Rejections
Bad Hiring Decisions from Inadequate Checks
Verification Delays Slow Onboarding
Manual Verification Bottlenecks
STP Phase 2 Payroll Reporting Failures
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