How does R.A. No. 6713 address conflicts of interest for public officials?

R.A. No. 6713, also known as the Code of Conduct and Ethical Standards for Public Officials and Employees, specifically addresses conflicts of interest by clearly prohibiting public officials from engaging in transactions that create such conflicts. This provision is crucial for maintaining the integrity of public service and ensuring that public officials act in the best interest of the public rather than their personal or financial interests. The law defines a conflict of interest as a situation where a public official’s private interests clash with their official duties, which could lead to biased decision-making or favoritism.

By outlining strict prohibitions against engaging in transactions that might lead to conflicts, the law promotes transparency and accountability within public institutions. This ensures that public officials are held to high ethical standards, fostering trust in government operations. It is essential for public officials to prioritize their responsibilities to the public above any private interests to preserve the integrity of their roles.

The other options do not align with the intent of R.A. No. 6713, as the law does not encourage public officials to engage in other businesses or leave the determination of conflicts up to individual discretion. Additionally, the requirement to report only large transactions does not adequately address the broader range of potential conflicts of interest that can arise from various transactions