August 24, 2012

UCB Implements PHS Regulations for Financial Disclosure

The Public Health Service (PHS), including the National Institutes of Health, requires disclosure of significant financial interests by investigators who participate in PHS-funded research either directly or via subaward. The American Cancer Society, American Heart Association, Alliance for Lupus Research, Arthritis Foundation, and Susan G. Komen for the Cure have also adopted the PHS requirements.

The RAC Conflict of Interest Office has developed a three-stage process to implement the disclosure, review, and reporting requirements of the revised PHS financial disclosure regulations, which are effective August 24, 2012. This new process, with new PHS financial disclosure forms, has been designed to reduce and simplify the administrative burden associated with financial disclosure and review at the initial proposal submission stage for new and competing continuation/renewal proposals. Detailed information, guidance, and the new forms are available on the COI PHS Financial Disclosure page.

The COI Office has also revised the NSF Financial Disclosure Form for applicants to the National Science Foundation. Applicants to NSF must disclose project-related financial interests for themselves and all other project investigators at the proposal submission stage. This requirement applies to subcontracts from NSF, and the UCOP Special Research Programs have also adopted the NSF requirements.