Scope of the Policy

The policy aims to create a framework for identifying, disclosing, and adeptly managing any actual, perceived, or potential conflicts of interest to safeguard the credibility and interests of all involved entities. It is applicable in all instances where the personal interests of the members and teams might unduly influence, or appear to influence, their responsibilities and duties within RWAIG team or the Expert Committee.

Moreover, the policy reiterates the commitment of all members and team members to uphold transparency and ethical conduct, offering guidelines to navigate situations where conflicting interests may arise.

Definition

A conflict of interest arises when an individual's private interests clash with their obligation to act in the Organization's or the Committee's utmost interests.

A conflict of interest might be real, potential, or perceived and can be financial or non-financial.

Private interests encompass direct interests and those of relatives, friends, or other entities an individual may associate with or have a stake in (such as being a shareholder).

Uncovering and Reporting

1. Team Responsibility Formulating a mechanism to pinpoint, reveal, and handle conflicting interests due to involvement in the Committee, overseeing adherence to this guideline, and evaluating it to confirm its efficient operation.
2. Disclosure of Conflicts of Interests As soon as a conflict of interest—actual, perceived, or potential—is detected, it must be reported to the RWAIG Committee. Upkeeping the list with conflicts of interest falls upon the Committee members. The list should encapsulate specifics concerning a conflict of interest, such as its scope and nature, along with any measures implemented to mitigate it if it could affect the program.