10. MINIMISING CONFLICT OF INTEREST

The Board has approved a Management of Conflict of Interest Policy and has procedures in place to manage issues of conflict of interest (perceived, potential or actual) to minimise if not prevent them. Board members, the SAHPRA Executive Committee and senior management are required to disclose financial interests on an annual basis. The disclosures are meant to ensure that there is no conflict of interest when decisions are made by anyone within SAHPRA’s governance structures. Furthermore, at every Board meeting, members sign a declaration of interest form, and information is captured as standing agenda items for discussion to identify any conflict, while members recuse themselves from the meeting during the discussion of the item of conflict. SAHPRA employees also complete an annual declaration of any interest form. This approach is also extended to the external evaluators and the Chief Executive Officer’s committee’s members.