This standard applies to LPNs, NPs, RNs, and RPNs.
Practice Standards set out requirements related to specific aspects of nurses’ practice. They link with other standards, policies and bylaws of the BC College of Nurses and Midwives and all legislation relevant to nursing practice.
A conflict of interest occurs when a
nurse’s1 personal, business, commercial, political, academic or financial interests, or the interests of the nurse’s family or friends, interfere with the nurse’s professional responsibilities or a client’s best interests. A conflict of interest may exist whether or not a nurse is actually influenced by the competing interest. The conflict of interest may affect nurses in any practice setting.
A conflict of interest can be actual, potential or perceived and may or may not lead to negative outcomes. An actual conflict of interest is one that has already occurred or currently exists. A potential conflict of interest is one that could possibly develop in the future. A perceived conflict of interest occurs when others perceive that a conflict of interest may influence a nurse’s judgment.
In some cases there may be laws specifically preventing a conflict of interest from taking place. For example, in Part 3 of the
Health Care (Consent) and Care Facility (Admission) Act, a nurse who is a "manager" of a facility (as defined in the Act) is not permitted to act as a substitute decision maker for a friend/family member, even if they would normally qualify, if the client is seeking admission to the manager's care facility. Ensure you understand the legislation relevant to your role.
Principles
1.
| Nurses identify and seek to avoid actual, potential or perceived conflicts of interest.
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| 2. | Nurses avoid any behaviours including promoting private or business interests that place their personal gain ahead of their professional responsibilities.
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3.
| Nurses handle all types of conflict of interest by identifying the problem, discussing it with the appropriate people and managing it ethically.
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4.
| Nurses fully and accurately disclose, to the appropriate persons, any relationships, affiliations, financial interests or personal interests that may create a conflict of interest.
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| 5. | Nurses follow BCCNM's Bylaws when they advertise or promote professional services or products.
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6.
| Nurses recognise the potential for gifts of any value to affect objectivity and use professional judgment when considering their acceptance.
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7.
| Nurses only accept funds from commercial
sources2 in the form of an unrestricted
grant3 paid to the organization sponsoring the professional activity.
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Footnotes
1
| “Nurse” refers to all BCCNM nursing registrants, including: licensed practical nurses, nurse practitioners, registered nurses, registered psychiatric nurses, licensed graduate nurses, employed student nurses, and employed student psychiatric nurses.
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2
| A commercial source is a business or organization whose primary purpose is the for-profit sale of goods or services.
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3
| An unrestricted grant refers to funding given without constraints or conditions.
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