![]() When the item is announced, publicly identify the nature of the financial conflict of interest.When a financial conflict of interest requires a Regent to disqualify himself or herself on an issue on the agenda of a meeting of the Board of Regents or its committees, the Regent shall:.A Regent shall alert the General Counsel as soon as they become aware of any possible financial conflict of interest and seek legal advice about whether they are required to disqualify themselves from any University decision.Any other subject matter requested by the Governance Committee.They will undertake reasonable efforts to anticipate any possible financial conflict of interest, inform the Chair and General Counsel and solicit input as to whether recusal is required and.They have not participated in any University decision in which they had a financial conflict of interest in the previous year.They will complete any trainings required to be completed in the coming year.They have completed all trainings required by Board policy. ![]() They have submitted any required complete and accurate Form 700.In addition, each Regent shall submit an annual certification to the Secretary and Chief of Staff in a form approved by the General Counsel that includes, but is not limited to, the following: Each Regent shall complete conflict of interest training with the same frequency as required for University employees.Conflicts of Interest Requirements for Individual Regents Nothing in this delegation is intended to preclude the Board of Regents from adding positions to, or removing positions from, the Code.ī. The Code shall include as “designated employees” those University officers and employees whose position entails the making or participation in the making of decisions that may foreseeably have a material effect on any financial interest. The President of the University may determine what University positions should be included in the Code as “designated employees” who are thereby required to file a Statement of Economic Interests (Form 700). ![]() University Conflict of Interest Code In accordance with the Political Reform Act of 1974, the Regents authorize the President of the University to adopt, in consultation with the General Counsel and the Chief Compliance and Audit Officer, the University’s Conflict of Interest Code (“Code”). Regents Policy 1110: Policy on Conflicts of Interest in Accordance with the Political Reform ActĪ. ![]()
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