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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