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.
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.
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.
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).
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.
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).
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.
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.»
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 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.
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.
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.
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.
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 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.
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.
Kelley's recommendations to ensure charter school accountability include, among others, requirements for charters to report much more information about their
financials and a prohibition
on obvious
conflicts of interest in charter school governance and operations.
The green light came despite the Education and Skills Funding Agency issuing the trust with a
financial notice to improve in February 2015,
on the grounds family members had been employed improperly and
conflicts of interest weren't declared.
Actual
conflicts of interest or the appearance thereof disclosed
on a
financial disclosure report
As an intern, you will have the opportunity to work
on a wide variety
of matters such as: appropriations, fiscal law and
financial management; acquisitions,
financial assistance and public private partnerships; innovative financing; real property and asset management; information technology investment and capital planning; employee ethical conduct,
conflicts of interest and political activities; equal employment opportunity and other civil rights matters; Federal personnel and employment; and alternative dispute resolution.
As the firm explains, the first share class, commonly referred to as «T shares,» aims to help
financial advisers maintain their traditional business model — selling mutual funds
on commission — while complying with the letter and spirit
of the new
conflict of interest rules.
Micah Hauptman,
financial services counsel at the Consumer Federation
of America, agrees that the FIA «concept is a sound one,» but he cautions that many FIA products
on the market are «highly complex, opaque and subject to
conflicts of interest» if the seller earns a commission.
See ASIC's media release
on how large
financial institutions manage these
conflicts of interest.
Fee - only
financial planning firms remove some
of these
conflicts of interest because they deliver advice that is not based
on receiving a commission.
Advice that is contingent
on any expectation that you will purchase products through your
financial counselor is subject to major
conflicts of interest.
Last December, Britain's Sunday Telegraph newspaper published a 2,000 - word article accusing Rajendra Pachauri, the chairman
of the United Nations» Intergovernmental Panel
on Climate Change,
of potential
financial conflicts of interest.
Steyer and his spokespersons declined to comment
on the impact
of the ballot initiative
on Palo Verde or his potential
financial conflicts of interest.
The requirements
of this Code complement related rules and policies
of The Cooper Union that may impose further requirements, for example, rules
on conflicts of interest more broadly, and certain additional rules respecting the administration
of student
financial aid in compliance with the New York State Student Lending Accountability, Transparency and Enforcement Act.
Rather than rely exclusively
on IPCC for scientific advice, policymakers should seek out advice from independent, nongovernment organizations and scientists who are free
of financial and political
conflicts of interest.
With Ex-Im's board set to vote
on nine or more GE fossil fuel projects, board members face major
financial conflicts of interest.
But other groups advocate for nuclear and they have
interest on the ideological level and the
financial level
on these issues and you can't make generalizations and they are complicated and there are situations where there might be a clear
conflict of interest.
[35] Science Bulletin, the Chinese Journal that published the study, «imposes a strict
conflict of interest policy
on authors, obligating contributors to disclose any received funding,
financial interests, honors, or speaking engagements that might affect their work.»
A fiduciary,
on the other hand, has a legal obligation to put your
financial interests first and disclose or eliminate all potential
conflicts of interest when giving advice.
I am in favor
of both disclosure
of funding sources and disclosure
of financial conflict of interest, but it should apply to everyone and the unclear, inconsistent policies to date should certainly not be used to silence people
on only one side
of a scientific debate.
All further discussion
on imaginary
financial conflicts of interest are OT.
The court acknowledged that this situation fell squarely within the «Non-Waivable Red List»
of the International Bar Association's Guidelines
on Conflicts of Interest in International Arbitration, which refers to situations where «the arbitrator or his or her firm regularly advises the party, or an affiliate
of the party, and the arbitrator or his or her firm derives significant
financial income therefrom.»