Financial Conflicts of Interest

Financial Conflicts of Interest

Course Length: 25 minutes

This course provides the regular and ongoing training required by the federal Financial Conflict of Interest regulation (42 CFR Part 50, Subpart F) for all Investigators involved with research projects funded by the National Institutes of Health (NIH).

The federal Financial Conflict of Interest regulation (42 CFR Part 50, Subpart F) was enacted in 1995 to promote objectivity in research funded by the National Institutes of Health (NIH) by establishing standards to ensure that the design, conduct and reporting of research would be free from bias that could result from financial conflicts of interest (FCOI) of individuals involved in the research. Extensive revisions to the FCOI regulation in 2011 reinforced the NIH's commitment to safeguarding the public's trust in federally supported research. These revisions impose new rules on research institutions and individual researchers mandating that they conduct their research in accordance with the highest scientific and ethical standards. The revisions also require regular and ongoing training on FCOI for all "Investigators" – i.e., individuals (regardless of their titles or positions) who are responsible for the design, conduct or reporting of research funded or proposed for funding by the NIH. This 25-minute course explains the essential requirements of the FCOI regulation and the responsibilities of all Investigators for complying with the disclosure requirements.

The topics covered in this course include:

• An overview of the FCOI regulation
• An outline of the 2011 revisions to the regulation
• Definitions of the key terms used in the regulation
• An analysis of Investigators' responsibilities under the regulation
• Guidelines for FCOI disclosures
• Consequences of noncompliance with the regulation

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