An investigation into such activities was conducted in 2015 with a focus
on financial conflicts of interest, but it is remarkable that ethical issues and the possible damage to KI's reputation were overlooked.
Thomas Insel, director of the National Institute of Mental Health, weighs in this week
on financial conflicts in psychiatry, decrying a «culture of influence» from drug companies.
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.
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.
Researchers link these tendencies to outcomes like greater
financial returns, more attention paid to risk oversight and control, and insistence
on conflict - of - interest guidelines.
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.
«Operating
on a memo that is in
conflict with the law is just unwise for any business, including
financial institutions,» Waller said.
Clinton goes
on to appears to question the importance of the divestment of assets that
financial executives often undertake to avoid the appearance of
conflicts of interest when they enter government service.
The results of a world where developed and emerging countries are all pitted against each other will be «intensified
conflict on the international stage over vitally important issues, such as international macroeconomic coordination,
financial regulatory reform, trade policy, and climate change,» they said.
Several people have asked me why the federal
conflicts of interest law, which bars every lowly executive branch official from acting
on matters that affect their personal
financial interests, won't apply to President Donald Trump.
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).
He is a leading authority
on cyber security, cyber
conflict and the application of technology in national security and writes regularly
on cyber issues in the
Financial Times and elsewhere.
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.
«
On the surface, this bid seems to
conflict with the Prem Watsa - Fairfax
Financial bid, and considering how [Lazaridis and Fairfax] have cooperated in the past, it begs the question why this is being forwarded now considering the Fairfax bid is already there,» said Restivo.
The exemption requires disclosure of material
conflicts of interest and basic information relating to those
conflicts and the advisory relationship (Sections II and III), contract disclosures, contracts and written policies and procedures (Section II), pre-transaction (or point of sale) disclosures (Section III (a)-RRB-, web - based disclosures (Section III (b)-RRB-, documentation regarding recommendations restricted to proprietary products or products that generate third party payments (Section (IV), notice to the Department of a
Financial Institution's intent to rely
on the PTE, and maintenance of records necessary to prove that the conditions of the PTE have been met (Section V).
That means some
financial advisors — basically, brokers and insurance agents - will once again be able to give
conflicted investment advice by recommending high - priced 401 (k) investments that pay them rich commissions over less expensive - but comparable - alternatives
on May 7, 2018.
They include publishing audited
financial statements like public companies do, the establishment of
conflict committees and disclosing
on a quarterly basis the extent of their hard - to - value assets.
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.
Founded in 2014 by Taylor Schulte, CFP ®, CEO, Define
Financial provides objective,
conflict - free advice, and prides itself
on its forward - thinking culture and personal approach.
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.»
Many firms have organized themselves
on the basis of capturing «
conflicted payments rather than the delivery of high - quality
financial advice,» the memo states.
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.
The court has focused
on increasing the breadth, depth and specificity of disclosures regarding any potential
conflicts the
financial -LSB-...]
The Sandhu clause — changing the
Conflicts of Interest Act to ensure that no member uses their position to lobby
on an issue that directly impacts their
financial interests
We are fee - only Certified
Financial Planners ™ offering financial guidance customized to your needs on an hourly fee or project basis without any conflicts of
Financial Planners ™ offering
financial guidance customized to your needs on an hourly fee or project basis without any conflicts of
financial guidance customized to your needs
on an hourly fee or project basis without any
conflicts of interest.
People will buy Bitcoin for the
financial gains, and most won't realize they are voting with their wallets and self - interest to build a world based
on peace and cooperation, even if that
conflicts with their own political ideals.
Examples of these risks, uncertainties and other factors include, but are not limited to the impact of: adverse general economic and related factors, such as fluctuating or increasing levels of unemployment, underemployment and the volatility of fuel prices, declines in the securities and real estate markets, and perceptions of these conditions that decrease the level of disposable income of consumers or consumer confidence; adverse events impacting the security of travel, such as terrorist acts, armed
conflict and threats thereof, acts of piracy, and other international events; the risks and increased costs associated with operating internationally; our expansion into and investments in new markets; breaches in data security or other disturbances to our information technology and other networks; the spread of epidemics and viral outbreaks; adverse incidents involving cruise ships; changes in fuel prices and / or other cruise operating costs; any impairment of our tradenames or goodwill; our hedging strategies; our inability to obtain adequate insurance coverage; our substantial indebtedness, including the ability to raise additional capital to fund our operations, and to generate the necessary amount of cash to service our existing debt; restrictions in the agreements governing our indebtedness that limit our flexibility in operating our business; the significant portion of our assets pledged as collateral under our existing debt agreements and the ability of our creditors to accelerate the repayment of our indebtedness; volatility and disruptions in the global credit and
financial markets, which may adversely affect our ability to borrow and could increase our counterparty credit risks, including those under our credit facilities, derivatives, contingent obligations, insurance contracts and new ship progress payment guarantees; fluctuations in foreign currency exchange rates; overcapacity in key markets or globally; our inability to recruit or retain qualified personnel or the loss of key personnel; future changes relating to how external distribution channels sell and market our cruises; our reliance
on third parties to provide hotel management services to certain ships and certain other services; delays in our shipbuilding program and ship repairs, maintenance and refurbishments; future increases in the price of, or major changes or reduction in, commercial airline services; seasonal variations in passenger fare rates and occupancy levels at different times of the year; our ability to keep pace with developments in technology; amendments to our collective bargaining agreements for crew members and other employee relation issues; the continued availability of attractive port destinations; pending or threatened litigation, investigations and enforcement actions; changes involving the tax and environmental regulatory regimes in which we operate; and other factors set forth under «Risk Factors» in our most recently filed Annual Report
on Form 10 - K and subsequent filings by the Company with the Securities and Exchange Commission.
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 often have heavy things weighing
on us... health issues,
financial strains, layoffs threatening, marital
conflict... and playing is simply the very last thing
on our minds.
In our 2011 study: The New Dad: Caring, Committed and
Conflicted, fathers were asked to identify where they fell
on the continuum between providing for their families»
financial needs and their families» emotional and physical needs.
Bolstering professionalism, morale, and confidence by offering trainings
on topics such as communications, cultural differences,
conflict resolution, marketing, advocacy, customer service, and
financial management.
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.
Banks reported the income
on his final
financial - disclosure form filed with the city's
Conflict of Interest Board weeks after he stepped down.
The
conflict's human and
financial cost for India and Pakistan has been enormous — more for India, as its forces occupy higher positions
on the 78 - kilometre - long glacier.
New York City is flouting a state law that requires unpaid members of policymaking boards and commissions to file
financial - disclosure statements — an ethics breach that allows officials
on some powerful panels to make decisions without any sunlight
on potential
conflicts of interest.
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.
On CNN Thursday, Spitzer said those returns, along with a
financial conflict of interest form that he filed, provided sufficient information for voters to assess his standing.
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.
As Spitzer made a last - minute effort to gather enough signatures for a place
on the primary ballot last week, he failed to file a required
financial disclosure report with the city's
Conflicts of Interest board.
Question topics included
financial incentives given by the City to Altronix (which hosted the Mayor for a visit just before the press conference), whether the mayor has concerns about offering such incentives, whether his jobs task force will work with local communities, whether his affordable housing plan
conflicts with his plan to enable more manufacturing in the city, what a base livable minimum wage is, whether the mayor is concerned about the possibility that Republicans may control the U.S. Senate next year, whether NY State has done enough to assist NYC in obtaining hazard mitigation money from the federal government, the Mayor's views
on items sold at the September 11th Museum gift shop and what the first «tangible» product of the task force will be.
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.
In his «lessons learned» article, Wilson advises researchers against putting themselves in situations that might create potential
financial conflicts (in 1992 Wilson had founded a biotechnology company focused
on gene therapy).
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.
Further, in an attempt to make the agency more credible and independent, the law aims to limit the number of scientists with
financial conflicts of interest who can serve
on FDA advisory panels.
It notes that
financial conflicts of interest (Duke investigators had patents
on technology and ties to companies developing the tests) and deference to a senior professor may have influenced the university to dismiss concerns about the papers.
These relationships between oncology and industry are increasing, and concerns exist regarding the extent to which
financial conflicts of interest (FCOIs) can influence medical decisions and physician behavior.1, 2 Thus, there is a pressing need to better understand the effects of FCOIs
on both practicing oncologists and academic researchers.
Though many of the mundane and enduring
conflicts that erupt between mother and daughter are rooted in
financial distress, the family's struggles become manifest in more subtle and devastating ways: Lady Bird's mother works a double
on her 18th birthday, and her father, Larry (Tracy Letts), has to go back
on expensive pills to treat depression because he's just lost his job.
January 31, 2018 • Brenda Fitzgerald, director for the Centers for Disease Control and Prevention, resigned
on Wednesday because of
financial conflicts of interest.
The Academies
Financial Handbook places emphasis
on the need for the accounting officer to manage carefully relationships with connected parties to avoid real or perceived
conflicts of interest and to ensure that restrictions placed
on trade that can be undertaken by academy trusts with connected parties are complied with.
The district provides information more formally, too, by holding frequent workshops
on topics such as
conflict resolution, nutrition, student assessment, and
financial aid for college.