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Does the conflicts of interest policy simply require disclosure, or must additional action be taken?

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Does the conflicts of interest policy simply require disclosure, or must additional action be taken?

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This policy is not intended to discourage participation in AABB activities. At the same time, it is intended to encourage transparency and safeguard the integrity of AABB’s decision-making processes. Compliance with the policy begins with making the appropriate disclosures. With respect to actual or apparent conflicts that involve board, committee, task force or work group decisions, you must abstain from any related votes. You may also decide or be asked to refrain from participating in related discussions at the discretion of the committee chair or, in the case of the board of directors, the president. In rare cases, if the conflict is so significant that it makes it impossible for you to act in the best interests of AABB, you may be asked to step down from your AABB position.

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