Re: IASA BCP Conflict of Interest Clause?

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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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