title: IIP-XY: Index Council members to provide conflict of interest disclosure before accepting position
This proposal seeks to install a safeguard in the new Wise Owl/Index Council governance framework in which newly appointed members must provide a comprehensive Conflict of Interest disclosure in advance of assuming their position.
As an open organization, Index Coop has limited capacity for vetting new members. This is a net positive when the goal is to attract new members, however it introduces risk when we seek to empower community members with enhanced and extraordinary influence over decision-making. A Conflict of Interest disclosure is a step that can be taken to enhance transparency around that decision-making, and should enable the community to:
- Ensure that the well-being of the Index Coop is the priority in that decision-making.
- Enable the community to better understand the context around that decision-making.
The creation of a Wise Owl/Index Council has been deemed an essential step forward for Index Coop governance. This body will be tasked with an executive decision-making role, and will have significant influence on strategy and crisis-management in future. While it is a generally prevailing consensus that this is a positive and necessary step forward, it is not without risks. Implicit in the short time-frame and community request for clarity over this group’s remit, is the expectation that this framework should be iterated on and improved over time. This proposed IIP is a first step in that process of improvement.
Primarily, as an open organisation without legal contracts, Index Coop is vulnerable to capture by participants with contractual obligations to closed organisations. The event that a community member will have a contractual obligation to another organization is normal, likely, and should not preclude them from participating in the majority of circumstances. However a full disclosure of those obligations and associations should be made in good faith so as that all community members have full context and awareness of their actions. This need for transparency and accountability is essential for us to continue to function as a successful open organisation.
All elected Wise Owls / Index Council members must provide a Conflict of Interest disclosure before accepting their position.
FOR: All elected Wise Owls / Index Council members must provide a Conflict of Interest disclosure before accepting their position.
AGAINST: All elected Wise Owls / Index Council members do not need to submit a Conflict of Interest disclosure before accepting their position.
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