Recent changes in Federal Regulations regarding Financial Conflicts of Interest (FCOI)
Recent changes in Federal Regulations regarding Financial Conflicts of Interest (FCOI) in research require USM to update its policy. The updated policy can be found at the Office of Research Integrity and Outreach (ORIO) website here: https://usm.maine.edu/orio/fcoi-resources. Under this policy any USM Investigators "responsible for the design, conduct or reporting of externally funded research, including externally funded projects with primarily educational or service activities" must disclose annually any significant financial interests that reasonably relate to their research. Disclosure is also necessary when their financial status changes.
These requirements will only apply to new funded research projects with a completed disclosure form required as part of the ITP process. The disclosure forms can be found here: https://usm.maine.edu/orio/fcoi-resources.
All investigators will be required to take online training through CITI on financial conflict of interest. This training will be valid for four years and can be found here: http://usm.maine.edu/orio/fcoi-training.
We are required to have these changes in place by August 24, 2012. Because of the potential impact for researchers, ORIO is happy to meet with anyone to walk through this new process. The ORIO can be contacted via email at email@example.com.