Willie Soon released a statement via the Heartland Institute's website following a complaint from the Climate Investigations Center that Soon «failed to disclose
financial conflicts of interest in a newly released paper,» which he co-wrote with Christopher Monckton, David R. Legates, and William M. Briggs.
The biomedical research community is reacting with concern to a proposal from the National Institutes of Health (NIH) to clamp down on
financial conflicts of interest in research.
In the past decade, ethical questions in science have made headlines on issues such as the patenting of human genes,
financial conflicts of interest in biomedical research and risk assessments related to environmental exposure to chemicals.
The amendment's aim is to break the stranglehold on abortion counselling of certain groups which Dorries and Field say have
a financial conflict of interest in advising women seeking terminations, and open up counselling to independent counsellers.
Not exact matches
Important factors that could cause actual results to differ materially from those reflected
in such forward - looking statements and that should be considered
in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability
of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost
of accommodating, announced increases
in the build rates
of certain aircraft; 6) the effect on aircraft demand and build rates
of changing customer preferences for business aircraft, including the effect
of global economic conditions on the business aircraft market and expanding
conflicts or political unrest
in the Middle East or Asia; 7) customer cancellations or deferrals as a result
of global economic uncertainty or otherwise; 8) the effect
of economic conditions
in the industries and markets
in which we operate
in the U.S. and globally and any changes therein, including fluctuations
in foreign currency exchange rates; 9) the success and timely execution
of key milestones such as the receipt
of necessary regulatory approvals, including our ability to obtain
in a timely fashion any required regulatory or other third party approvals for the consummation
of our announced acquisition
of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability
of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk
of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production
of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts
of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak
of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets and the impact
of future discount rate changes on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to finance the purchase price for our announced acquisition
of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect
of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both
in the U.S. and abroad; 20) the effect
of changes
in tax law, such as the effect
of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations
of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect
of such changes; 21) any reduction
in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability
of raw materials and purchased components; 23) our ability to recruit and retain a critical mass
of highly - skilled employees and our relationships with the unions representing many
of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment
of interest on, and principal
of, our indebtedness; 26) our exposure under our revolving credit facility to higher
interest payments should
interest rates increase substantially; 27) the effectiveness
of any
interest rate hedging programs; 28) the effectiveness
of our internal control over
financial reporting; 29) the outcome or impact
of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition
of Asco
in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result
of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks
of doing business internationally, including fluctuations
in foreign current exchange rates, impositions
of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.
A recent paper by two professors at the University
of Massachusetts found that many
financial economists who weighed
in on the Wall Street overhaul signed into law
in July failed to prominently disclose potential
conflicts of interest.
In the U.S., we generally believe that publicly - held firms are to be managed for «shareholder value» (technically, the Securities Exchange Commission's Code
of Ethics for CEOs only requires the firm to provide full, fair, accurate and timely
financial reporting, and to flag any known
conflicts of interest or violations
of securities law, but state laws often impose stricter fiduciary duties on the firm's top managers).
A
conflict of interest is a situation
in which a decision - maker is entrusted with making important decisions on behalf
of someone else, and
in which that decision - maker has some further, «outside»
interest (often, but not always,
financial) which may stand to influence their decision making.
First, it eliminates any potential
conflict of interest that would come from his continuing to have a
financial interest in Exxon.
Their relationship and the
financial settlement Katz received after their breakup led to allegations
of many potential
conflicts of interest in labor negotiations while Corzine was governor.
Investors and securities markets continue to benefit from common - sense reforms enacted
in the wake
of the
financial crisis, including policies that increase transparency regarding the activity
of advisers to private funds, enhance systemic stability, minimize
conflicts of interests, and hold bad - actors accountable.
Still, Trump's deal with Carrier demonstrates the unprecedented challenge the president's
conflicts of interest create: Unless he either puts his holdings
in a truly blind trust or divests completely, a significant number
of the decisions he makes will involve some level
of financial incentive for himself as well as for the country.
For example, the Department
of Labor delayed the full implementation
of the fiduciary rule, which would have required anyone who handles retirement assets or gives
financial advice to retirement savers to work
in their clients» best
interest and to provide disclosure
of conflicts, when they exist.
The rule requires that distributors
of financial products into retirement accounts proceed on the basis
of a fiduciary relationship and is aimed at removing potential
conflicts of interest in which distributors steer clients into products because
of higher commission revenue — unless distributors operate under an exemption.
The
conflicts of interest boil down to: It is
in the
financial industry's
interest to steer investors into high - fee active funds rather than low - fee passive funds.
At a meeting
of the
Financial Literacy and Education Commission, held at the Treasury building
in Washington, Perez noted that while «lawsuits have been filed» against the
conflict of interest rule, «we will continue to fight those vigorously,» adding that he believes DOL is «on the right side
of the law and history.»
Secretary
of Labor Thomas Perez stated at the AARP event that «when it comes to
financial advice,
conflicts of interests can lead to bad advice and hidden fees that too often keep us from getting investment advice that's
in our best
interest.»
With the implementation date
of the Department
of Labor's fiduciary rule looming large
in April, all attention has been focused on how
financial advisors and their Financial Institutions are making adjustments to manage their compensation conflicts of interest, to avoid breaching the fiduciary's fundamental duty of loyalty to act in the client's best i
financial advisors and their
Financial Institutions are making adjustments to manage their compensation conflicts of interest, to avoid breaching the fiduciary's fundamental duty of loyalty to act in the client's best i
Financial Institutions are making adjustments to manage their compensation
conflicts of interest, to avoid breaching the fiduciary's fundamental duty
of loyalty to act
in the client's best
interests.
While not illegal, the trading activity by Joseph Otting's money manager could violate the spirit
of ethics rules designed to prevent
conflicts of interest... Otting gave the OGE a tally
of his investments
in March 2017 and agreed upon his June nomination to unwind millions
of dollars
in financial stocks within 90 days
of being confirmed.
Trump's business
conflicts with America's national security
interests can not be resolved so long as he or any member
of his family maintains a
financial interest in the Trump Organization during a Trump administration, or even if they leave open the possibility
of returning to the company later.
If the proposed transaction or arrangement is one
in which a director, officer or staff member, or their Related Parties have a «substantial
financial interest» within the meaning
of New York law, the Audit and Risk Committee must consider alternative transactions that do not give rise to a
conflict of interest, to the extent available.
In this systematic review, the researchers investigate whether the disclosure
of potential
financial conflicts of interest (for example, research funding by a beverage company) has influenced the results
of systematic reviews undertaken to examine the association between the consumption
of highly lucrative sugar - sweetened beverages (SSBs) and weight gain or obesity.
This difference could be explained by a potential bias
in the design, analysis, or interpretation
of the results obtained
in the SRs, depending on whether the authors reported having any
financial conflict of interest or not.
We know that the committee will take efforts to avoid
conflicts of interest; many
of the committee members have current or former
financial ties to schools or conference that will be involved
in the discussion, and those committee members will have to recuse themselves from discussing those teams.
``...
financial support for professionals working
in infant and young child health does not create
conflicts of interest;»
[3] WHA Resolution 49.15 1996 Preambular para: «Concerned that health institutions and ministries may be subject to subtle pressure to accept, inappropriately,
financial or other support for professional training
in infant and child health» urged Member States to ensure that «
financial support for professionals working
in infant and young child health does not create
conflicts of interest.»
Ensure that
financial support and other incentives for programmers and health professionals working
in infant and young child health do not create
conflicts of interest.
«ensure that
financial support and other incentives for programmes and health professionals working
in infant and young child health do not create
CONFLICTS OF INTEREST».
World Health Assembly resolution 49.15 expresses «Member states should ensure that the
financial support for professionals working
in infant and young child health does not create
conflicts of interest, especially with regards to the WHO / UNICEF Baby Friendly Hospital Initiative.»
WHA Resolution 58.32 calls for action to «ensure that
financial support and other incentives for programmes and health professionals working
in infant and young child health do not create
CONFLICTS OF INTEREST».
IBFAN notes that the World Health Assembly has addressed the issue
of sponsorship
in Resolution 49.15 from 1996 and again
in Resolution 58.32 from 2005 where it stated care was needed: «to ensure that
financial support and other incentives for programmes and health professionals working
in infant and young child health do not create
conflict of interest».
The World Health Assembly has addressed the issue
of sponsorship
in Resolution 49.15 from 1996 and again
in Resolution 58.32 from 2005 where it stated: «ensure that
financial support and other incentives for programmes and health professionals working
in infant and young child health do not create
conflict of interest».
As Janet Poppendieck, Chef Ann Cooper and others have long noted, the fact that the Agriculture Department is both a promoter
of U.S. farm commodities and the overseer
of the NSLP means that our children's best
interests are often
in direct
conflict with the
financial concerns
of food producers.
(2) to ensure that the
financial support for professionals working
in infant and young child health does not create
conflicts of interest, especially with regard to the WHO / UNICEF Baby Friendly Hospital Initiative;
Resolutions WHA 58.32 calls for action «to ensure that
financial support and other incentives for programmes and health professionals working
in infant and young child health do not create
conflict of interest».
To avoid
conflict of interest, health professionals working
in infant and young child health should not receive
financial support from infant food companies.
We respectfully request that the CPS not form any partnerships with formula companies and suggest that the CPS familiarize itself with its own obligations under the Code, specifically WHA Resolution 49.15 which states «
financial support for professionals working
in infant and young child health [should] not create
conflicts of interest.»
Resolution WHA58.32 2005 Urges Member States: «to ensure that
financial support and other incentives for programmes and health professionals working
in infant and young child health do not create
conflicts of interest».
(4) to ensure that
financial support and other incentives for programmes and health professionals working
in infant and young - child health do not create
conflicts of interest;
NYC First Lady Chirlane McCray incorrectly reported on
Conflict of Interest Board
financial disclosure forms
in 2015 and 2016 that her and Mayor de Blasio's ownership
of two Brooklyn rental properties.
Such provisions are generally for the good, because they hold developers to their promises — but
in this case, it adds to the
conflict -
of -
interest potential, given that one legislator might have a
financial incentive to keep another happy.
Russ Haven, general counsel for the New York Public
Interest Research Group, an Albany - based government watchdog group, said in an email Saturday that such financial disclosure gives the public useful information about candidates» work, assets and potential conflicts of i
Interest Research Group, an Albany - based government watchdog group, said
in an email Saturday that such
financial disclosure gives the public useful information about candidates» work, assets and potential
conflicts of interestinterest.
Strictly investigate the cases
of conflict of interest (i.e. when the politicians have
financial or carrier
interest in certain industries)
The 20 - page Tomlinson Report, which Business Secretary Vince Cable has passed to the
Financial Conduct Authority, details what is terms a
conflict of interest in the lender's relationship with small firms and its property arm West Registery.
The statement signed by the President
of SOKAD — USA, Dr. Freeman Kamuru, its Secretary, Danlami Ngboze and
Financial Secretary, Saidu John, reads: «The decision
of the National Economic Council (NEC)
of the Federal Government
of Nigeria to set up a Sub-Committee to visit the frontline States «involved
in herdsmen / farmers
conflict and hold consultations with the stakeholders and
interested parties on how to end the
conflicts», is a good and welcome move that is long overdue.
The agency recently drew criticism for failing to flag potential
conflicts of interest in Percoco's
financial disclosure form, including substantial payments he reported from the Syracuse - area firm COR Development while on leave from the government.
It has been argued that, following a series
of high - profile political scandals over the Code (David Blunkett resigned for a second time over a
conflict of interest; and Tessa Jowell's husband was implicated — separately —
in a furore over his
financial dealings), that it should be administered by a more impartial figure than the Prime Minister.
In 2017, authority officials failed to complete any
financial disclosure forms meant to monitor and prevent
conflicts of interest by key players and policymakers.
And his wise call for greater
financial disclosure from local officials
in the wake
of recent
conflicts of interest exposed
in local governments was a clear reference to the indictments
of Nassau County Executive Edward Mangano and Oyster Bay Town Supervisor John Venditto.
Financial disclosure statements from a former senior aide and campaign manager to Gov. Andrew M. Cuomo, currently at the center
of an investigation involving improper lobbying and
conflicts of interest, show that he earned at least $ 70,000
in consulting fees
in 2014 from two entities that do business with the state.