Financial Conflicts of Interest in Research
LSU’s policy on Financial Conflicts of Interest (FCOI) in research (PS 98) promotes objectivity and transparency in all externally funded research. The policy
governs the disclosure of Significant Financial Interests held by researchers who
are engaged in externally funded research or who have current applications for external
funds to support their research, regardless of source. The policy was revised in June
2019 to expand coverage of SFI disclosures.
- At time of application, all investigators shall indicate whether they hold any Significant
Financial Interests. SFIs include any financial interest held by the investigator
and their family that reasonably appears to be related to the investigator's research,
teaching or other institutional responsibilities.
- Disclosures remain valid for 12 months, and do not need to be updated with each application.
Any significant changes to an SFI portfolio must be updated to the disclosure promptly.
- Disclosures are reviewed by the Office of Research Compliance & Integrity when a project
has been awarded to determine if the relevant investigators have possible financial
conflicts of interest.
- Should an FCOI be identified, a management plan will be developed in consultation
with the relevant investigator(s), the investigator's department chair or dean, the
Office of Sponsored Projects, and ORED.
PHS (NIH) funded researchers must complete FCOI training and provide proof of completion
of training on this Policy prior to engaging in research funded by PHS, and at least
every four years thereafter. They must also complete training within a reasonable
period of time as determined by the Institutional Official in the event that this
Policy is substantively amended in a manner that affects the requirements of Investigators,
when an investigator is new to the institution, or if it is determined that the Investigator
has not complied with this Policy or with a management plan related to their activities.
An online training module is available through the Collaborative Institutional Training
Initiative (CITI) at https://www.citiprogram.org/. PHS investigators should enroll in the CITI training program under Louisiana State
University, complete the Conflicts of Interest course, and print out a Completion
Report in order to provide certification of training. A copy of this certification
form should then be forwarded to OSP.
More information related to financial conflicts of interest in research can be found
at the following links: