In the Belgian legal order, there are few rules governing conflicts-of-interest between a company and its employees, independent service providers and/or managers. For directors, the Company Code contains rules on financial conflicts-of-interest. However, these rules simply provide that the other board members, the auditor and, ultimately, the company's shareholders must be informed of the conflict-of-interest. Common sense should indeed prevent directors from putting their own direct or indirect financial interests above those of the company. ..