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Conflict of Interest Procedures: Difference between revisions
Conflict of Interest Procedures (view source)
Revision as of 09:32, September 20, 2021
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'''<big>Business Conflict of Interest Procedures </big>''' | '''<big>Business Conflict of Interest Procedures </big>''' | ||
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== Definitions == | ==Definitions == | ||
'''Conflict of Interest''' refers to situations when the employee’s personal financial interests or fiduciary duties owed to third parties, such as immediate family, may compromise, or have the appearance of compromising, the employee’s professional judgment or behavior in carrying out | '''Conflict of Interest''' refers to situations when the employee’s personal financial interests or fiduciary duties owed to third parties, such as immediate family, may compromise, or have the appearance of compromising, the employee’s professional judgment or behavior in carrying out their obligations to the University of Nebraska Medical Center.<br /> | ||
'''Immediate family''' shall mean wife, husband, children, grandchildren, parents, grandparents, brother, sister, daughter-in-law, son-in-law, guardian, ward, stepfather, stepmother, stepchildren, or persons bearing the same relationship to the spouse of the employee.<br /> | |||
'''Immediate family''' shall mean wife, husband, children, grandchildren, parents, grandparents, brother, sister, daughter-in-law, son-in-law, guardian, ward, stepfather, stepmother, stepchildren, or persons bearing the same relationship to the spouse of the employee. | '''Covered Person''' refers to faculty, staff, volunteers, trainees, students, independent contractors and other persons whose conduct, in the performance of work for UNMC, is under the direct control of UNMC, whether or not they are paid by UNMC. | ||
'''Covered Person''' refers to faculty, staff, volunteers, trainees, students, independent contractors and other persons whose conduct, in the performance of work for UNMC, is under the direct control of UNMC, whether or not they are paid by UNMC. | |||
== Examples of Conflicts of Interest == | == Examples of Conflicts of Interest == | ||
===Seeking/Accepting Gifts=== | ===Seeking/Accepting Gifts=== | ||
No Covered Person will seek or accept anything of value given which could influence | No Covered Person will seek or accept anything of value given which could influence them in the discharge of official duties. For example, acceptance of a valuable gift or service from an organization with which the university is, has or will be negotiating an agreement or conducting business, would be a conflict of interest. Gift does include a breakfast, luncheon, dinner, or other refreshments consisting of food and beverage provided for immediate consumption. | ||
UNMC does not permit Covered Persons to solicit UNMC vendors, other UNMC employees or UNMC departments for contribution or purchase of prizes, favors, awards, drawings, or anything of value. The annual United Way fund drive is exempted from this policy. Prior written approval of any other exemption to this policy may be granted in exceptional circumstances by the Vice Chancellor for Business, Finance and Business Development or | UNMC does not permit Covered Persons to solicit UNMC vendors, other UNMC employees or UNMC departments for contribution or purchase of prizes, favors, awards, drawings, or anything of value. The annual United Way fund drive is exempted from this policy. Prior written approval of any other exemption to this policy may be granted in exceptional circumstances by the Vice Chancellor for Business, Finance and Business Development or their designee. | ||
===Improper Use of Office or Position=== | ===Improper Use of Office or Position=== | ||
No Covered Person will knowingly use an official position to obtain special privileges or advantages from individuals or businesses except as specifically provided by the Board of Regents policy. '''Examples''' include but are not limited to the following: | No Covered Person will knowingly use an official position to obtain special privileges or advantages from individuals or businesses except as specifically provided by the Board of Regents policy. '''Examples''' include but are not limited to the following: | ||
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This page updated by [mailto:dpanowic@unmc.edu dkp].<br /> | This page updated by [mailto:dpanowic@unmc.edu dkp].<br /> | ||
Last Review by Policy Owners: | Last Review and Revision by Policy Owners: September 15, 2021 | ||