What does a business interest check mean?
A business interest check is part of the background screening process that maps the candidate's ties to the business sector. This provides the client with insight into any roles or engagements that may be relevant for assessing impartiality, financial risk, or potential conflicts of interest.
Why is a business interest check performed?
The purpose is to give the client an overview of the candidate’s current involvement in business, with the aim to:
- Identify active roles in companies (board member, managing director, owner)
- Detect whether the candidate has been involved in bankruptcies
- Identify any significant financial dispositions
- Assess possible conflicts of interest or loyalty in relation to the new role
This check is especially relevant for executive, financial, or trust-based positions.
How is the search conducted?
We perform searches in public registers and relevant business databases. The search reveals whether the candidate is:
- Registered with roles in companies (e.g. CEO, board chair, board member, owner)
- Involved in companies that have gone bankrupt or been dissolved
- Listed in public economic registers
What is checked?
- Company name and organization number
- Role and connection to the business
- Time period of the engagement
- Bankruptcies or dissolutions
What is reported?
The report includes:
- Overview of all active and historical company roles
- Information on any bankruptcies
- Status: Completed, Remark, or Not completed
📌 We only check publicly available information. It is up to the customer to decide whether the findings are relevant to the role.
What does the candidate need to do?
This check is based on public records and normally requires no action from the candidate beyond giving consent to the background check.
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📩 Need help?
Do you have questions about what is included in a business interest check or how the information can be used?
📩 Send us an email at support@manymore.com – we’ll be happy to help!
Updated on: 14/07/2025
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