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Step 5: Changes/Updates to Financial Interests

All investigators, as defined by University of Houston policy, must submit a Conflict of Interest certification at least annually in the ICON system for COI.  Additionally, throughout the year, an updated and/or new certification and disclosure must be submitted within 30 days of a change in the status of any significant financial interest or the addition of any significant financial interest.  For example:

  • Sale of stock previously disclosed
  • Receipt of additional compensation to that already disclosed
  • A new financial interest was obtained
  • A previously reported financial interest was eliminated

The aims of newly proposed research projects must also be taken into consideration, as potential conflicts must be reported and managed prior to the expenditure of funds. As a result, an investigator will be asked to re-certify in ICON when a new award is received, but prior to funding of the project.