Important note: The Board Resolutions are as reported in the Board Meeting Transcripts, Minutes & Resolutions portion of ICANN's website. Only the words contained in the Resolutions themselves represent the official acts of the Board. The explanatory text provided through this database (including the summary, implementation actions, identification of related resolutions, and additional information) is an interpretation or an explanation that has no official authority and does not represent the purpose behind the Board actions, nor does any explanations or interpretations modify or override the Resolutions themselves. Resolutions can only be modified through further act of the ICANN Board.


Resolution of the ICANN Board
Conflicts of Interest Policy

Board approves the Conflicts of Interest Policy.

Meeting Date: 
Thu, 4 Mar 1999
Resolution Number: 
Implementation Actions: 
  • None
    • Responsible entity: Not applicable
    • Due date: None specified
    • Completion date: Not applicable
Resolution 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.

Additional Information: