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May 4, 2018, TO: SUBJECT:CADA Board of Directors May 18, 2018, Board Meeting AGENDA ITEM 9 CONFLICT OF INTEREST CODE BIENNIAL REVIEWCONTACT:Rachel Mercuric, Board Secretary and Office ManagerRECOMMENDED

How to fill out conflict of interest code

How to fill out conflict of interest code

1. Familiarize yourself with the conflict of interest policy of your organization.
2. Gather all necessary information about your potential conflicts of interest, such as financial relationships, family connections, or ownership stakes.
3. Review the specific sections of the conflict of interest code that relate to your situation.
4. Disclose all relevant conflicts of interest in writing, providing complete and accurate information.
5. Follow any additional steps or procedures outlined in the conflict of interest code, such as recusal or seeking prior approval.
6. Regularly update your conflict of interest disclosures as new conflicts arise or existing conflicts change.
7. Seek guidance or clarification from your organization's designated ethics officer or appropriate authority if you have any doubts or questions.
8. Maintain strict confidentiality and act in the best interest of the organization during the entire process of disclosing and managing conflicts of interest.
9. Familiarize yourself with the consequences and potential disciplinary actions outlined in the conflict of interest code for non-compliance.
10. Continually educate yourself about conflicts of interest and maintain transparency and integrity in all professional engagements.

Who needs conflict of interest code?

1. Board members, executives, and key decision-makers of organizations.
2. Employees who participate in financial transactions or have access to sensitive information.
3. Individuals involved in procurement, vendor selection, or contract management.
4. Anyone who represents the organization externally, such as salespersons or spokespersons.
5. Members of ethics or compliance committees within the organization.
6. Government officials or public servants who influence public policy or handle public funds.
7. Non-profit organizations that rely heavily on donations or work with grants.
8. Companies or organizations operating in highly regulated industries.
9. Any individual or entity seeking to establish ethical standards and maintain transparency in their operations.

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What is conflict of interest code?

A conflict of interest code is a set of rules designed to ensure that public officials, employees, and certain private individuals disclose financial interests that may influence their official decisions.

Who is required to file conflict of interest code?

Individuals typically required to file include public officials, employees of state and local agencies, and members of boards and commissions who are in positions that could lead to potential conflicts of interest.

How to fill out conflict of interest code?

To fill out a conflict of interest code, individuals must complete a disclosure form detailing their financial interests, including assets and income, and submit it to the appropriate authority or agency.

What is the purpose of conflict of interest code?

The purpose of a conflict of interest code is to promote transparency, prevent corruption, and ensure that decisions made by public officials are in the public interest rather than influenced by personal financial interests.

What information must be reported on conflict of interest code?

Individuals must report information regarding their financial interests, including real estate, investments, income sources, and gifts, as specified by the relevant guidelines of their agency or jurisdiction.