| Regents Policies on Individual
Conflict of Interest Policy or Institutional
Conflict of Interest Policy require University Faculty and staff
to report external professional activities and business and significant
financial interests related to his or her University activities
by submitting a REPA (Report of External Professional Activities)
at least once per year. Faculty and staff should also file a REPA
when substantial changes in business or financial interests occur,
when an activity that presents a potential conflict of interest
is anticipated, or when submitting an application for research support
or technology transfer, submitting research protocols to the IRB,
or receiving financial contributions.
Regents Policies on Outside
Consulting and Other Commitments require University Faculty
and staff to obtain prior approval by submitting a ROC (Request
for Consultant or Outside Service Agreement) form for each external
professional activity that the individual anticipates he or she
will engage in for more than an average of one day per month in
any single term of University appointment.
This required reporting is designed to assist individuals in arranging
external professional activities or relationships so as to be compatible
with their primary duties as University Faculty and staff and is
not designed to discourage them. Because many external relationships
of appointees may enhance their professional skills and serve legitimate
public interests, it is presumed that the majority of such activities
are appropriate unless they give rise to an actual conflict of interest.
The University prohibits activities in which an actual conflict
of interest occurs. If an individual identifies activities or interests
that have the potential for a conflict of interest, the University
can work with the appointee to manage the potential conflict of
interest whenever possible. The University's conflict management
process endeavors to eliminate or mitigate potential conflicts so
that they do not become actual conflicts of interest.
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