[BCMA] Conflict of interest policy for board directors

Moderated BCMA subscriber listserv. bcma at lists.vvv.com
Fri Aug 22 10:46:33 PDT 2014


Could you please post on the list serve? MANY THANKS!


> Subject: Conflict of interest policy for board directors
> 
> I am looking for conflict of interest policy for Boards of Directors  of non-profit organizations, specifically as it applies to directors contracting their services or making a financial gain from the society while a board member. 
> There are guidelines in both the "BC Societies Act "and in "CMA Roles and Responsibilities" for Trustees. 
> The BC Societies act says that as long as the conflict is declared , it's OK.
> I have a problem with that, and think it is somehow just too easy.
> 
> The CMA guidelines are more  stringent. 
> Does anyone out there have a comprehensive policy to address this issue? 
> I would appreciate your feedback. 
> 
> Many Thanks,
> Gayle Cornish   

> 
> Osoyoos B.C.
> 
> Sent from my iPad
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