Ethical Walls definition: Copy, customize, and use instantly
Introduction
The term "Ethical Walls" refers to measures or barriers implemented within an organization to prevent conflicts of interest, protect sensitive information, and maintain confidentiality. It is essential in ensuring that individuals or teams do not improperly share or access information that could influence decisions or create biases.
Below are various examples of how "Ethical Walls" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.
Definition of "Ethical Walls" as it relates to law firms
This definition connects "Ethical Walls" to law firms and their procedures for avoiding conflicts of interest.
"Ethical Walls" refers to internal procedures or barriers established within a law firm to prevent the unauthorized exchange of confidential information between lawyers or teams that may have a conflict of interest, ensuring compliance with professional conduct rules.
Definition of "Ethical Walls" as it relates to financial institutions
This definition links "Ethical Walls" to financial institutions and their compliance measures.
"Ethical Walls" means the systems and protocols put in place by a financial institution to prevent the exchange of confidential or non-public information between departments, divisions, or teams, ensuring that information flows are appropriately restricted to avoid conflicts of interest.
Definition of "Ethical Walls" as it relates to mergers and acquisitions (M&A)
This definition applies "Ethical Walls" to M&A transactions.
"Ethical Walls" refers to safeguards used during mergers and acquisitions to ensure that confidential information about different parties involved is kept separate and does not influence decision-making processes, protecting the integrity of the transaction.
Definition of "Ethical Walls" in corporate governance
This definition connects "Ethical Walls" to corporate governance practices.
"Ethical Walls" means the internal boundaries set by a corporation to ensure that executives, board members, or employees with conflicting interests or access to sensitive company information are kept separate, preserving objectivity and preventing undue influence in corporate decisions.
Definition of "Ethical Walls" in consultancy firms
This definition ties "Ethical Walls" to consultancy firms and their conflict-of-interest management.
"Ethical Walls" refers to the practices or structures within a consultancy firm that prevent consultants working with conflicting clients from sharing proprietary information, ensuring that advice and recommendations are unbiased and independent.
Definition of "Ethical Walls" in healthcare settings
This definition links "Ethical Walls" to healthcare providers and patient confidentiality.
"Ethical Walls" refers to the policies and procedures implemented by healthcare organizations to prevent the improper exchange of patient information between departments or professionals, ensuring compliance with privacy laws like HIPAA.
Definition of "Ethical Walls" in journalism
This definition applies "Ethical Walls" to journalistic practices.
"Ethical Walls" means the separation between the editorial and advertising departments of a media organization, ensuring that editorial decisions remain independent and free from external pressures or conflicts of interest from advertisers or sponsors.
Definition of "Ethical Walls" in technology companies
This definition connects "Ethical Walls" to technology companies handling sensitive data.
"Ethical Walls" refers to technical and organizational measures used by technology companies to prevent unauthorized access to sensitive or proprietary data between teams or individuals, ensuring data privacy and protecting intellectual property.
Definition of "Ethical Walls" in government agencies
This definition applies "Ethical Walls" to government organizations.
"Ethical Walls" means the administrative and procedural safeguards within a government agency designed to prevent the undue influence of one department or individual over the decisions and actions of another, ensuring impartiality and transparency in public administration.
Definition of "Ethical Walls" in academia
This definition links "Ethical Walls" to academic research and conflict of interest.
"Ethical Walls" refers to the structural or procedural safeguards established in academic institutions to prevent researchers or faculty members from sharing confidential data or results with colleagues who have a conflict of interest, ensuring integrity in research outcomes.
Definition of "Ethical Walls" in the legal sector
This definition applies "Ethical Walls" to legal industry settings.
"Ethical Walls" refers to the measures adopted by law firms to prevent the sharing of confidential client information between lawyers working on different cases, particularly where there may be a conflict of interest, thereby protecting client confidentiality.
Definition of "Ethical Walls" in advertising
This definition ties "Ethical Walls" to advertising and marketing agencies.
"Ethical Walls" means the procedures implemented by advertising agencies to separate the teams working with competing clients to prevent the exchange of confidential information, ensuring that each client’s interests are protected.
Definition of "Ethical Walls" in a banking context
This definition connects "Ethical Walls" to banking operations.
"Ethical Walls" refers to the internal systems that prevent employees of a bank from sharing confidential client information across different departments, ensuring compliance with financial regulations and maintaining client trust.
Definition of "Ethical Walls" in the public relations sector
This definition applies "Ethical Walls" to public relations firms.
"Ethical Walls" means the operational barriers within a public relations firm that separate teams handling confidential client information from those with potential conflicts of interest, ensuring that client strategies are not compromised by conflicting priorities.
Definition of "Ethical Walls" in the entertainment industry
This definition ties "Ethical Walls" to the entertainment sector.
"Ethical Walls" refers to the separation within entertainment companies between teams working with competing projects or talent, ensuring that confidential information does not influence casting or production decisions.
Definition of "Ethical Walls" in advertising agencies
This definition connects "Ethical Walls" to the separation between advertising teams.
"Ethical Walls" refers to the operational boundaries within an advertising agency that prevent the leakage of confidential or proprietary information between departments working for competing clients, preserving the integrity of the services provided.
Definition of "Ethical Walls" in the accounting industry
This definition applies "Ethical Walls" to accounting firms.
"Ethical Walls" means the protocols and safeguards within accounting firms designed to prevent the inappropriate exchange of client information between teams working on different clients, especially where there is a potential conflict of interest.
Definition of "Ethical Walls" in research organizations
This definition ties "Ethical Walls" to research and scientific communities.
"Ethical Walls" refers to the physical or procedural barriers within research organizations to prevent the improper sharing of confidential research data or findings between teams, ensuring objectivity and integrity in the research process.
Definition of "Ethical Walls" in media and publishing
This definition applies "Ethical Walls" to media and publishing companies.
"Ethical Walls" means the barriers within a media organization that separate the editorial teams from advertising and sales departments, ensuring that editorial content remains independent and free from commercial influence.
Definition of "Ethical Walls" in a law firm specializing in corporate law
This definition connects "Ethical Walls" to law firms in corporate law practices.
"Ethical Walls" refers to the systems and measures within a law firm that separate teams working on corporate clients, ensuring that confidential information about mergers, acquisitions, and financial transactions is not disclosed to conflicting parties.
Definition of "Ethical Walls" in private equity firms
This definition ties "Ethical Walls" to private equity firms.
"Ethical Walls" refers to the procedures within a private equity firm that ensure different investment teams do not share sensitive financial information, thus preventing conflicts of interest between competing portfolio companies.
Definition of "Ethical Walls" in real estate development companies
This definition connects "Ethical Walls" to real estate development and management firms.
"Ethical Walls" means the operational safeguards that prevent information about competing real estate projects from being shared across departments, maintaining the confidentiality of client and project data.
Definition of "Ethical Walls" in a venture capital firm
This definition applies "Ethical Walls" to venture capital firms.
"Ethical Walls" refers to the barriers and protocols established within a venture capital firm to prevent conflicts of interest, ensuring that teams investing in different startups do not share confidential financial or operational information.
Definition of "Ethical Walls" in multinational corporations
This definition ties "Ethical Walls" to multinational corporations operating in diverse markets.
"Ethical Walls" means the internal policies that restrict the flow of sensitive business information between regional teams, ensuring that business decisions in one region are not influenced by another, preserving fairness and independence.
Definition of "Ethical Walls" in data analytics firms
This definition connects "Ethical Walls" to data analytics organizations.
"Ethical Walls" refers to technical and organizational safeguards within data analytics firms designed to prevent unauthorized sharing of client data between different teams or projects, ensuring compliance with privacy regulations.
Definition of "Ethical Walls" in marketing agencies
This definition applies "Ethical Walls" to marketing and advertising firms.
"Ethical Walls" refers to the procedural boundaries within a marketing agency that ensure teams working on campaigns for competing clients do not share proprietary data or strategies, preserving each client’s confidentiality.
Definition of "Ethical Walls" in government contracting
This definition ties "Ethical Walls" to government procurement practices.
"Ethical Walls" refers to measures within a government contractor's organization to prevent the exchange of sensitive information between different departments working on conflicting contracts, ensuring compliance with regulations and impartiality.
Definition of "Ethical Walls" in academic publishing
This definition connects "Ethical Walls" to academic publishing.
"Ethical Walls" refers to the separation between editorial and review teams in academic publishing, ensuring that reviewers cannot influence the editorial decisions or access unpublished research prior to publication.
Definition of "Ethical Walls" in healthcare research organizations
This definition applies "Ethical Walls" to healthcare and clinical research settings.
"Ethical Walls" means the barriers within a healthcare research organization that prevent the sharing of confidential patient data or clinical trial results across teams, protecting patient privacy and ensuring research integrity.
Definition of "Ethical Walls" in insurance companies
This definition ties "Ethical Walls" to the insurance industry.
"Ethical Walls" refers to the internal protocols in an insurance company that separate departments dealing with underwriting, claims, and risk management, ensuring that sensitive information does not influence decisions across areas.
Definition of "Ethical Walls" in the entertainment industry (film and television production)
This definition connects "Ethical Walls" to the film and television production industry.
"Ethical Walls" refers to the barriers that separate teams working on different productions to prevent the leaking of proprietary content or project details, ensuring confidentiality for competing productions.
Definition of "Ethical Walls" in the food and beverage industry
This definition applies "Ethical Walls" to food and beverage companies.
"Ethical Walls" refers to the practices and systems implemented by food and beverage companies to ensure that proprietary product formulas and market strategies remain confidential between competing brands within the company.
Definition of "Ethical Walls" in transportation logistics
This definition ties "Ethical Walls" to the transportation logistics sector.
"Ethical Walls" means the measures put in place within transportation and logistics companies to prevent the sharing of sensitive route, client, or cost information between competing teams or departments.
Definition of "Ethical Walls" in retail businesses
This definition applies "Ethical Walls" to retail organizations.
"Ethical Walls" refers to the separation of teams within a retail company that ensures sensitive product, pricing, and inventory information does not flow between teams handling competing brands or product lines.
Definition of "Ethical Walls" in telecommunications companies
This definition connects "Ethical Walls" to telecommunications companies.
"Ethical Walls" refers to the policies that separate teams working with different telecom service providers, ensuring that sensitive pricing strategies, infrastructure plans, or customer data remain confidential.
Definition of "Ethical Walls" in the technology sector (software development)
This definition ties "Ethical Walls" to software development and IT companies.
"Ethical Walls" refers to the protocols implemented within technology firms to prevent developers working on competing projects from sharing code or proprietary software solutions, protecting intellectual property and ensuring fair competition.
This article contains general legal information and does not contain legal advice. Cobrief is not a law firm or a substitute for an attorney or law firm. The law is complex and changes often. For legal advice, please ask a lawyer.