Please take a few minutes to review the draft
sample conflict of interest policy for NPCs and to provide NAVREF with
the benefit of your insights on this important policy. NAVREF welcomes
your comments and edits by close of business on Monday, August 16.
Background: The NPC authorizing statute
enacted in May 2010 states, “Each director, officer and employee of a
corporation established under this subchapter shall be subject to a
conflict of interest policy adopted by that corporation.” [38 USC §
7366(c)] This statement replaced the clause in the former NPC statute
that invoked the federal conflict of interest laws and regulations for
To help NAVREF members comply with the new
requirement, the NAVREF board and staff developed the attached draft
sample policy. After incorporating member comments, the final draft
will be shared with the VA Office of General Counsel for review and
assurance that it meets the statutory requirement.
Thank you in advance for your comments.
for draft sample conflict of interest policy for NPCs
Questions or comments about this Update may be directed to:
Phone: 301-656-5005 |