Standard Two: Full disclosure

Full disclosure of all pertinent information requires, without reservation, disclosure to the client, employer or public, all relevant information a member possess with regard to the member's employment.

Interpretation:

1. Full disclosure to the client/employer means disclosure of:

a) Conflicts of interests (including, but not limited to such items as personal, financial, emotional, employment; prior or current, or others.)

b) Lack of competence/experience.

2. Full disclosure to the public with whom the member has business means disclosure of:

a) All pertinent project information (e.g., nature of project, rights acquired and rights retained, project schedule, basis of payments);

b) All statutory and equitable rights available.

3. Full disclosure does not include privileged information, except when required to do so by due process of law.