- Category: Board
- Topic: Conflicts of Interest Policy
- Board meeting date: 4 March 1999
- Resolution number: 99.19
- URL for Board minutes/resolution: http://www.icann.org/en/minutes/minutes-04mar99.htm
- Status: Completed
Summary
Board approves the Conflicts of Interest Policy.
Text
Andrew McLaughlin presented the staff's draft conflicts of interest policy and recommended that the draft policy be altered to incorporate a public comment that Board abstentions from voting on the basis of financial interest or conflict of interest be reflected in the minutes of the meeting. The Board proceeded to discuss the seven questions raised in the draft policy, reaching the following consensus conclusions: (1) the $100 financial interest standard should be eliminated in favor of the more general, legally-recognized and -defined standard of "materiality;" (2) the financial disclosure statements of the Directors of the Board should not be made public; (3) the question of the applicability of the conflicts of interest policy to candidates for the At-Large Board seats should be deferred until the At-Large membership structure is in place; (4) the financial disclosure statements of Officers should not be made public; (5) the policy should not apply to non-Officer employees; (6) the policy should not apply to the non-Director members of the Corporation's Advisory Committees; and (7) the minutes of the Conflicts Committee should not include the personal financial information contained in the disclosure statements of Directors and Officers.
Esther Dyson stated her disagreement with the Board's conclusion as to questions (2) and (4) and related items, stating her view that the financial disclosure statements of Directors and Officers should be made public.
Upon motion duly made and seconded, the Board adopted the following resolution:
RESOLVED [99.19], that the Conflicts of Interest Policy be, and hereby is, adopted as set forth on Exhibit F hereto.
Implementation Actions
- None
- Responsible entity: Not applicable
- Due date: None specified
- Completion date: Not applicable
Other Related Resolutions
- Other resolutions TBD.
Additional Information
- The Conflict of Interest Policy, as amended on 4 March 1999, available at: http://www.icann.org/en/committees/coi/coi-policy-04mar99.htm
- The resolution does not address funding for the items identified therein.
Explanatory text does not modify or override Resolutions. See Board Resolutions Page for more information.
