Conflict of Interest: Difference between revisions

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Policy No.:  '''8010'''<br />
Policy No.:  '''8010'''<br />
Effective Date:  '''09/04/07'''<br />
Effective Date:  '''09/04/07'''<br />
Revised Date:  '''12/05/19 '''<br />
Revised Date:  '''09/01/20 '''<br />
Reviewed Date:  '''08/27/20'''
Reviewed Date:  '''09/01/20'''
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<big>'''Conflict of Interest Policy'''</big>  
<big>'''Conflict of Interest Policy'''</big>  
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'''Conflict of Interest (COI)''' under Regents Policy 3.2.8 shall mean situations when a Covered Person's direct or indirect personal financial interest, (whether or not the value is readily ascertainable) may compromise, or have the appearance of compromising, the Covered Person's professional judgment or behavior in carrying out his or her obligations to the University of Nebraska. This includes indirect personal financial interests of a Covered Person that may be obtained through third parties such as a Covered Person's immediate family, business relationships, fiduciary relationships, or investments.<br />
'''Conflict of Interest (COI)''' under Regents Policy 3.2.8 shall mean situations when a Covered Person's direct or indirect personal financial interest, (whether or not the value is readily ascertainable) may compromise, or have the appearance of compromising, the Covered Person's professional judgment or behavior in carrying out his or her obligations to the University of Nebraska. This includes indirect personal financial interests of a Covered Person that may be obtained through third parties such as a Covered Person's immediate family, business relationships, fiduciary relationships, or investments.<br />
   
   
'''De minimus''' means any remuneration received as payment for services and/or equity interests of $499 or less is not required to be disclosed. Any remuneration received for services and/or equity interests of $500 or greater is required to be disclosed.  <br />
'''Equity''' includes any stock, stock option, or other ownership interest, as determined through reference to public prices or other reasonable measures of fair market value. <br />
'''Equity''' includes any stock, stock option, or other ownership interest, as determined through reference to public prices or other reasonable measures of fair market value. <br />


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