The Department of Health and Human Services has announced new policies about the responsibilities of institutions and individual PIs in reporting on and managing financial conflicts of interests. Among the changes are new training requirements and lower financial thresholds for determining conflict of interest. The NIH Office of Extramural Research has put together a table comparing the old and new policies.
Trinity will have to revise its own CoI policies and procedures this fall to comply with the new requirements. Expect some announcements about this to be forthcoming later this fall.