Drafting a Code of Ethics. Carl Sniffen, Member USATF Ethics Committee

Similar documents
Code of Conduct and Conflicts of Interest Policy [Revised 3/23/07, 7/31/07 and 12/18/07]

Regional Transportation District Code of Ethics

Ethics, Conflicts of Interest and Acceptance of Gifts HC 5.110

Assume that any action you take could ultimately be publicized, and consider how you and PCA would be perceived. When in doubt, stop and reflect.

COUNCIL POLICIES AND PROCEDURES SECTION - I ETHICS POLICIES. SUBJECT: Values & Ethics Conduct Policy Number I-3

General Municipal Law Frequently Asked Questions

Example Policy on Conflict of Interest

Council Member Laliberte introduced the following resolution and moved its adoption:

STAFF ETHICS/CONFLICT OF INTEREST

CODE OF ETHICAL CONDUCT

MacLean-Fogg Company Conflict of Interest Policy

Code of Business Conduct

AMETEK, Inc. Code of Ethics and Business Conduct

Conflict of Interest

SOUTH DAKOTA BOARD OF REGENTS. Policy Manual

GOODWILL INDUSTRIES OF COLORADO SPRINGS. Memorandum October 11, 2005 HUMAN RESOURCES Ethics Code

LONE STAR COLLEGE SYSTEM DISTRICT BOARD POLICY MANUAL Fourth Edition

PRYSMIAN GROUP ETHICAL CODE

CODE OF ETHICS AND BUSINESS CONDUCT

City of Colorado Springs Code of Ethics

3.Objectives of the Code of Conduct for Employees

Conflict of Interest

SUMMER VILLAGE OF VAL QUENTIN BYLAW

NRA INSTRUCTOR TRAINING SEMINAR CANDIDATE SHOTGUN REGISTRATION FORM

BOARD GUIDELINES ON SIGNIFICANT CORPORATE GOVERNANCE ISSUES

GARTNER, INC. PRINCIPLES AND PRACTICES OF THE BOARD OF DIRECTORS OF GARTNER, INC. Effective: February 2, Mission

Verisk Analytics, Inc. Code of Business Conduct and Ethics As Amended June 5, 2018

IAAO Code of Ethics and Standards of Professional Conduct Adopted by the IAAO Executive Board, November 14, 2015.

Triple C Housing, Inc. Compliance Plan

CONFLICT OF INTEREST POLICY FOR BAPTIST HEALTH SOUTH FLORIDA, INC. AND ITS AFFILIATES

NEVRO CORP. CORPORATE GOVERNANCE GUIDELINES. (Adopted October 9, 2014)

UTAH VALLEY UNIVERSITY Policies and Procedures

Canadian Ski Instructors Alliance Conflict of Interest Policy TABLE OF CONTENTS

Sample Position Description Board of Directors

CONFLICT OF INTEREST POLICY

Cargotec Supplier Code of Conduct. Rev Page 1 of 5

Code of Conduct. V November 2017

CODE OF CONDUCT. At HITT, our focus goes beyond simply getting the job done; it s about how we conduct ourselves while we do it.

FOUNDATION BUILDING MATERIALS, INC. EMPLOYEE CODE OF CONDUCT

Code of Business Ethics & Conduct

CODE OF ETHICS POLICY

Group Code of Ethics

CODE OF ETHICS FOR CHIEF EXECUTIVE OFFICER AND SENIOR FINANCIAL OFFICERS UGI CORPORATION

Supplier Code of Conduct

Gifts and Favors. December 15, 2010 Code Number

Conflict of Interest Policy

New Castle County Ethics Commission GOVERNMENT ETHICS NEW CASTLE COUNTY

Procedure: Sasol Supplier code Of Ethics

GOVERNANCE POLICY. Adopted January 4, 2018

HYDRO ONE LIMITED CORPORATE GOVERNANCE GUIDELINES

1. an Employee's private interests interfere, or even appear to interfere, with the interests of the Company;

CRESCENT CAPITAL BDC, INC. AUDIT COMMITTEE CHARTER

Energy Trust Board of Directors Corporate Governance Guidelines

CODE OF ETHICS AND PROFESSIONAL CONDUCT

General Policies & Procedures. SV 5.0 Clean Harbors Vendor Code of Business Conduct and Ethics

GOPRO, INC. CORPORATE GOVERNANCE GUIDELINES. (Adopted May 1, 2014 and effective as of GoPro, Inc. s initial public offering; revised August 4, 2015)

INNOVATIVE INDUSTRIES

The Molina Healthcare Code of Business Conduct and Ethics

Speak Up & Reporting Policy of AMG ADVANCED METALLURGICAL GROUP N.V. Strawinskylaan XX Amsterdam The Netherlands

THE TIMBERLAND COMPANY CODE OF ETHICS

1.1 What is Ethics? Why is it important to apply this Code?.. 2

SunTrust Banks, Inc. Corporate Governance Guidelines. General Principles

NORTHWESTERN CORPORATION CORPORATE GOVERNANCE GUIDELINES

Manitoba Liberal Party. Code of Conduct April 2008

Principles of Corporate Governance

This document articulates ethical and behavioral guidance for all NGA Human Resources companies, employees, and business partners (such as suppliers,

FARMER BROS. CO. CORPORATE GOVERNANCE GUIDELINES (Adopted February 1, 2017)

RULE 18 DISPUTE RESOLUTION (Revised February 12, 2016; Rule Revision Memo 18D

RHI MAGNESITA N.V. (the Company )

Each year, the Husqvarna Group reports on its sustain ability related work in accordance with Global Reporting Initiative s guidelines.

POLICY ON CONFLICT OF INTEREST AND CONFLICT OF COMMITMENT 47

NANTKWEST, INC. CORPORATE GOVERNANCE GUIDELINES

TG Therapeutics, Inc. Audit Committee Charter

Our Code of Ethics. We also keep our workplace and work sites free from violence and prohibit the inappropriate use of alcohol and drugs.

City of Atlanta Ethics Office Work Plan

Code of ethics Code of BUsiNess CoNdUCt ANd ethics for employees ANd directors i. PURPose of Code ii. introduction iii. CoNfLiCts of interest

EVOKE PHARMA, INC. CORPORATE GOVERNANCE GUIDELINES

Bid Breakdown & Schedule FIRM SUBMITTING BID:

Corporate Governance Policy

PRUDENTIAL FINANCIAL, INC. CORPORATE GOVERNANCE PRINCIPLES AND PRACTICES

THE CORPORATION OF THE CITY OF WINDSOR POLICY

CITRIX SYSTEMS, INC. CORPORATE GOVERNANCE GUIDELINES. 1. Separation of the Positions of Chairperson and CEO

Code of Conduct and Ethics

BUSINESS ETHICS POLICY and GUIDING PRINCIPLES

SFCC EMPLOYEE CORRECTIVE ACTION AND DISCIPLINARY ACTION POLICY 4-2

EMPLOYEE CODE OF CONDUCT

Metso Code of Conduct

Corporate Governance Guidelines

Ethics Policy for Employees of the Presbyterian Mission Agency and the Office of the General Assembly of the Presbyterian Church (U.S.A.

AUDIT COMMITTEE CHARTER

GENTING MALAYSIA BERHAD (58019-U) CODE OF CONDUCT AND ETHICS

ETHICAL CODE OF CONDUCT

HAVYARD GROUP ASA Code of Conduct for Business, Ethics and Corporate Social Responsibility

TEXAS WORKFORCE COMMISSION PERSONNEL MANUAL CHAPTER 1 - LAWS, POLICIES, AND WORK RULES Page 21-30

RELM WIRELESS CORPORATION (the Company ) CODE OF BUSINESS CONDUCT AND ETHICS

YORK COUNTY COMMUNITY FOUNDATION. Code of Conduct and Conflict of Interest Policy

Southwest Airlines Co. Code of Ethics

CODEXIS, INC. CORPORATE GOVERNANCE GUID ELIN ES

Ethics SouthernStyle CODE OF ETHICS. E t h i c a l B e h a v i o r i s o u r S t a n d a r d

Transcription:

Carl Sniffen, Member USATF Ethics Committee carlsniffen@gmail.com 503-577-8955

Objectives: Why do you need a Code of Ethics ( COE ) and/or Conflicts of Interest ( COI ) provisions? What s the difference between a COE and a COI? How about a Code of Conduct? Who is covered? Codes of Ethics are often aspirational in nature---intended to inspire and guide leadership and provide a more transparent means of doing business. Success is often the result of voluntary compliance not formal enforcement mechanisms. Codes of Ethics and Conflicts of Interest policies evolve over time based upon experience. There are many possible individual variations both as to what you might choose to include in your Code

Objectives continued: The workshop won t provide you with legal advice or answer all of your questions. It is intended to get you started, provide you with guidance and background, and examples to help you work within your Association to draft a Code that will meet your needs. Whatever you produce, have a local attorney, licensed in your jurisdiction work with you to get to the final product. What is included in a Code of Ethics/Conflicts of Interest policy? What works best for your association (simple models to complex models)?

Objectives continued: Role of an Ethics Committee: advisory; recommendation; update COE; investigator; judge; executioner? Authority of an Ethics Committee Enforcement of Ethics Committee decisions or recommendations Due Process, Confidentiality-not absolute What is your Association s capacity to investigate, enforce and/or sanction? Don t create a policy that will exceed your capacity to undertake these tasks.

Attachments to Help Guide You Attachment A: USATF Code of Ethics Attachment B: USATF Ethics Committee Investigation Policies and Procedures Attachment C: Draft Template for USATF Association Code of Ethics Attachment D: USATF Associations: Samples of Code of Ethics/Conflicts of Interest language (language found in Associations ethics policies, bylaws or regulations Attachment E: Draft Vendor Code of Conduct (not yet adopted or approved)---attached as a model of a type of Code which might benefit your Association. Attachment F: USATF Code of Ethics Conflict Reporting Statement Within USATF, there are other codes of conduct relating to agents, national office staff, athletes, coaches, etc., each of which are available online and could serve as a good resource for Associations looking to draft such policies.

What is it?-----a guideline to inspire, set expectations and requirements, educate, strive for voluntary compliance, set forth procedures for investigation and sanction Because USATF operates in the public spotlight and is expected to conduct business on an ethical basis, we must ensure that our leadership never puts, nor is it perceived to have put, personal interests ahead of or in conflict with the interests of USATF. No Code of Ethics can substitute for each person's own internal sense of fairness, honesty, and integrity. Therefore, it is important that every person representing USATF support the values and principles that are critical to USATF's continuing tradition of excellence. It is of major importance to USATF that its leadership create a "tone at the top" that promotes ethical conduct throughout USATF. To ensure continued confidence in USATF leadership.

Why? The policies set forth in the following provisions are intended to guide the conduct and business activities and other matters involving, directly or indirectly, USATF. The Code of Ethics is intended to inspire all of us to be at our best, encourage voluntary compliance, disclosure of actual of potential conflicts, and informal resolution. The Code is not all inclusive, as not every expectation or circumstance respecting proper and ethical business conduct can be anticipated, however it should be used as a guide by all Board of Directors, independent contractors, volunteers, and chairs and members of committees, subcommittees, councils, task forces, and any other decision-making body of USATF when conducting business.

Why? Best practices IRS Form 990 wants to know about your independent board of directors and whether your nonprofit association maintains a conflicts of interest policy State law may require Promote transparency Promote honesty and integrity Minimize or neutralize conflicts of interest Set a tone to guide behaviors and achieve voluntary compliance Other reasons?

Questions you should ask at the outset? What do we need for legal compliance? What do we need because it is the right or best thing to do? Do we need a code of conduct and a conflicts of interest policy? What problems or behaviors do we seek to avoid? Time and resources available to investigate, enforce or sanction? Who has the authority to receive complaints, investigate complaints, conduct hearings or impose and enforce sanctions? How does this fit with existing policies such as those dealing with grievances?

Authority of an Ethics Committee Where is it stated: USATF Regulation 16G Who can serve on the Ethics Committee USATF Ethics Committee: Review, recommend and maintain the COE Provide education and training to members Investigate Ethical Complaints and make Recommendations as to sanctions, enforcement, etc. No authority to enforce or make a final determination. Render advisory opinions upon request Monitor compliance with annual reporting requirements Report to the Board/Governing Body USATF Ethics Committee investigates and recommends sanctions/usatf Board must conduct any hearing Strong emphasis on achieving voluntary compliance

Definitions: what terms need to be defined to avoid confusion USATF Code of Ethics uses the concept of a Responsible Person to define who is subject to the Code of Ethics. The term includes Board and committee members, independent contractors and members of any decision making body of USATF. USATF Code of Ethics also include defined Family Members. USATF Code of Ethics uses the term Transaction to identify the types of agreements or relationships which give rise to conflicts of interest. In general, the areas conflict involve financial benefit available to Responsible Persons and Family Members as a result of their position of being a part of a decision making body that is not available generally to others.

Code of Conduct USATF s Code of Ethics includes a Code of Conduct which is described as a guide for the conduct of business and activities. It lists basic principles applicable to all Responsible Persons, including: Maintenance of honesty and integrity Exhibiting the highest degree of ethical standards Fair treatment of everyone and respect of basic human rights Right for freedom from physical, emotional or sexual harassment Prohibit attempts to direct or influence any Responsible Person to obtain a position or financial or other benefit from USATF Nepotism Fair play is mandatory

Code of Conduct USATF s Code of Conduct is largely inspirational and aspirational. A number of principles listed ( highest degree of ethical standards ) may be difficult to enforce. Others guidelines and prohibitions might already exist elsewhere in an Associations Bylaws or Regulations. Historically, most matters coming to the attention of the Ethics Committee relate to conflicts of interest rather than the code of conduct. Is there value to separating matters heard by an Ethics Committee from those which might be the subject of pre-existing grievance policies and procedures?

Code of Conduct Several years ago, the USATF Ethics Committee drafted a suggested model Code of Ethics for Associations. It is attached as a Schedule to this presentation. The model code of conduct is us similar to the USATF Ethics Code of Conduct.

Conflicts of Interest Provisions a guide for the conduct of business activities and other matters involving an Association. From the Model: Any one of the following circumstances shall create a Conflict of Interest. Transactions greater than $100 in the aggregate per year between the Association and a "Responsible Person." This prohibition also includes transactions greater than $100 in the aggregate per year between a Third Party and a Responsible Person. This includes any employment or payment for services with USATF. It also includes the receipt of anything of value greater than $100. A "Responsible Person" directing staff, volunteers, or Third Parties to help a "Responsible Person" or his or her "Family Members" or friends obtain benefits (financial or otherwise) or other preferential treatment for which he or she would not otherwise qualify. A "Responsible Person" soliciting or receiving gifts or favors in any form, including money, services, loans, travel, apparel, equipment, entertainment, hospitality, or promise or any other thing of value.

Conflicts of Interest Provisions a guide for the conduct of business activities and other matters involving an Association. From the Model: Prohibition of use of confidential information and exertion of undue influence: During the time that a Responsible Person renders service to USATF, whether as a paid employee or as a volunteer, and for a period of at least five (5) years thereafter, such person shall not utilize any confidential information obtained during such period of service for his or her own benefit or for the benefit of any "Third Party." A "Responsible Person" or "Family Member" having an ownership or investment interest in excess of 5% of the equity value of any "Third Party. The Model allows the Association Board to create exceptions to these provisions. *Can you identify other areas that create potential conflicts that should be included? *Should you distinguish actual conflicts from potential conflicts?

Annual Disclosure Both the USATF Code of Ethics and the Model Association Code require written annual disclosures to be made on an annual basis. The failure to provide the annual disclosure can result in the suspension of the individual who doesn t respond from participating in USATF or Association activities. Disclosures are required to be updated in the event of a material change during the year. Disclosure forms relate to employment or financial interests that might give rise to a possible conflict of interest. When in doubt, disclose. Who is required to disclose and to whom? A copy of the USATF Conflict Reporting Statement is included in the attachments by way of a model.

Complaints/Violations How does one file a complaint and with whom? What happens then? Investigation, hearing, sanction? Timelines to complete investigation and recommendation? Who decides? USATF Ethics Committee investigates and recommends but does not conduct hearings. The Board may have a hearing. A copy of the USATF Ethics Committee Investigation Policies and Procedures is attached as an example.

Complaints/Violations The USATF Ethics Committee Investigation Policies and Procedures set forth four basic principles to guide the investigation: Confidentiality is neither absolute or strict. Rather, confidentiality exists to a degree that is consistent with the ability to conduct a full and fair investigation. Anonymous complaints are difficult for the Committee due to limited resources. The Committee is largely dependent upon the complaining party to provide testimony and evidence. The Committee encourages parties to resolve their disputes through informal means. Timeliness is valued. Absent extraordinary circumstances, a complaint must be filed within two years of the conduct or event.

Complaints/Violations/Sanctions Declining financial benefit; Resignation or termination; Terminating a contractual arrangement; Other sanctions? **How much process is due? **What do regulations and bylaws require?

Common Association Conflicts Provision Is it enough? Conflict of interest - Any individual representing this Association, or who has a financial arrangement with USATF or this Association, or who is a member of any of its committees, shall not participate in the evaluation or approval of a contract with a supplier to furnish goods or provide services to USATF or this Association, if that individual directly or indirectly benefits financially, or otherwise receives any form of compensation from, or has any interest in, any supplier under consideration. The Board may require that such individuals disclose all financial interests that may influence the performance of their duties for USATF or this Association. Each individual referred to in the first sentence of this paragraph shall, upon learning that this Association is proposing to enter into an arrangement in which he or she has financial interest, promptly notify the President, in writing, of the existence of such interest, and the President shall, in turn, promptly disclose such interest to those bodies of USATF involved in considering entry into the arrangement. In the event of a violation of this provision, the Association shall have the right to recover such benefit or payment and to void the contract or transaction.

Questions? Contact the USATF Ethics Committee or attend one of its educational sessions at each USATF annual meeting, or contact Carl Sniffen carlsniffen@gmail.com 503-577-8955 Thank you.