The revised regulations on extramural investigators’ financial conflicts of interest have been published in the Federal Register. The final rule is based on input NIH received from the community.
The revised regulations, as outlined by NIH’s Sally Rockey, now:
- Require investigators to disclose to their institutions all of their significant financial interests related to their institutional responsibilities as opposed to only those that they see as related to Public Health Service (PHS)-supported research.
- Lower the monetary threshold for disclosure of significant financial interests, from $10,000 to $5,000.
- Require institutions to report to the PHS awarding component more comprehensively on identified financial conflicts of interest and how they are being managed.
- Require institutions to make certain information concerning identified financial conflicts of interest held by senior/key personnel accessible to the public.
- Require investigators to be trained on the regulations and their institution’s financial conflict of interest policy at designated times.
NIH is developing training materials, which will be posted on its Financial Conflict of Interest website. For more details, visit the “quick links.”