Register of Interests (Gifts & Hospitality)
This Register of Directors’ Interests (Gifts & Hospitality) is designed for a SME private limited company.
Why a gifts and hospitality register can support conflicts governance
As a matter of good practice, companies should consider keeping a register listing all the gifts and hospitality that each director receives.
This dovetails with our conflicts of interest register and helps support an open and transparent process for declaring conflicts of interest or potential conflicts, as gifts or hospitality offered to or received by a director could potentially result in a conflict of interest.
How this register is intended to be kept and used
This register is set out in the form of a table and should be kept by a company secretary or administrator, as well as appended to the back of any conflicts of interest policy the company has.
This register includes a de minimis threshold, below which the value of gifts and hospitality do not need to be declared. This will depend on the company in question as to what monetary value is appropriate.
Related register of directors’ interests
This register is different from our register of directors’ interests, which can be accessed here.
Register of Interests (Gifts & Hospitality) is part of Corporate. Just £38.50 + VAT provides unlimited downloads from Corporate for 1 year.
