Margaret Wasserman wrote:
One question arose when we were writing the original BCP that I haven't
seen discussed on the list...
Do we need a conflict of interest clause in the BCP? Something like:
The IAD and IAOC may not accept bids from nor establish contracts with
members of the IAOC, their family members, their employers or companies
in which they have a significant financial interest. If such a conflict
of interest arises, it should be quickly resolved through contract
termination or the resignation of the IAOC member involved.
Actually a more normal approach is for the conflicted member to
recuse him/herself from discussion and voting on the contract in
question. I don't think resignation is obligatory.
iirc, it isn't essential to have such a clause, because it is
implied by generic laws - but it probably does no harm to include
it, subject to lawyer advice.
Brian
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