Public Health Service agencies are implementing stricter mandatory regulations for reporting outside interests and for managing financial conflicts of interest (FCOI) as of August 24, 2012.
Key components of the regulation impact who needs to disclose, how often to disclose, the scope for FCOI review, and the public availability of FCOI data. Currently research units on all three campuses are working on project teams to ensure that you are prepared for this change.
New Public Health Service (PHS) financial conflict of interest regulations go into effect on August 24, 2012. Regulation changes affect:
- Disclosure of financial or management interest(s)
- Evaluation of disclosures to identify if an outside interest(s) could directly and significantly affect the design, conduct, or reporting of research
- Management of any identified conflict
- Reporting of that conflict to the funding sponsor of the research and to the public, as applicable
All UM research faculty and staff should visit the COI project web site at http://research.umich.edu/conflict-of-interest/outside-interest-disclosure