2015 GNYADA Employee Handbook
CONFLICT OF INTEREST DISCLOSURE POLICY
PART 19
Purpose. GNYADA employees owe a duty of loyalty to GNYADA. It is expected that
employees in their dealing on behalf GNYADA with outside parties will exercise their best
efforts in GNYADA’s interest. This Conflict of Interest Policy will provide general guidance
to GNYADA employees as to those situations.
Definition of conflict of interest. A conflict of interest is a situation in which a personal
interest or activity of an employee interferes or appears to interfere with an individual's
objectivity in fulfilling his or her responsibilities to the GNYADA. Program management
staff has a fiduciary responsibility to the association and must ensure that the association's
interests are a priority.
This policy addresses perceived and potential conflicts of interest as well as actual conflicts
of interest. A perceived or apparent conflict of interest is one in which a reasonable
individual would think that an employee’s judgment is likely to be compromised. A potential
conflict involves a situation that may develop into an actual conflict.
Examples of interested parties or related parties. This includes the association's program
staff and management, members of their immediate families, as well as affiliated or
subsidiary entities, any national and local affiliates, and those entities whose officers or
directors are members of the association's governing board.
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