Professional Ethics for the Head of the Unit and Its Staff
No: 43037826
Date(g): 1/12/2021 | Date(h): 26/4/1443
Status: In-Force
Effective from 2021-12-01 - Nov 30 2021 To view other versions open the versions tab on the right
23-
In accordance with the principles of conduct and ethics in financial institutions issued by the central bank, and to ensure the maintenance of professional standards for the unit at all times, the bank’s code of conduct and ethics should, at a minimum, include principles of objectivity, behavior, competence, confidentiality, and integrity, and should stipulate the following:
1-23
The necessity of demonstrating professionalism, integrity, honesty, and trustworthiness.
2-23
Emphasis on maintaining the confidentiality of information obtained during the performance of duties, avoiding the use of such information for personal gain or harmful activities, and taking care to protect the information acquired.
3-23
Avoidance of conflicts of interest. To this end, the head of the unit must take adequate measures to ensure that its staff consistently adhere to integrity, comply with internal audit principles, and follow the principles of conduct and ethics in financial institutions issued by the central bank.
