Financial Conflict of Interest

 

The Division of Research announces a new Financial Conflict of Interest (FCOI) Policy and an accompanying revised Disclosure of Financial Conflict of Interest Status Form.  The FCOI policy and revised form went into effect August 24, 2012.   These documents were developed to be in compliance with the new regulatory requirements of the Department of Health and Human Services (42 CFR Part 50 and Part 94) requiring all Investigators who are involved in the design, conduct or reporting of research to adhere to additional disclosure requirements. Additional information is available at  http://grants.nih.gov/grants/policy/coi/coi_faqs.htm .

The revised key areas that will affect you as researchers are:

  1. The expanded definition of a Significant Financial Interest which includes lowering the disclosure threshold to $5,000,
  2. Expanding the extent of investigators’ disclosure of information to institutions regarding their Significant Financial Interests (incorporated in the revised disclosure form), and
  3. Institution’s management of identified Financial Conflicts of Interest, as described in the new Policy.
More information will be forthcoming regarding the conflict of interest reporting requirements, public accessibility and disclosure of such conflicts as well as training requirements of all investigators.

Questions can be directed to Elisa Gaucher, Director, Research Integrity, egaucher@fau.edu, or JoAnn Moretti, Director, Sponsored Programs, jmoretti@fau.edu.

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