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 |
Translated Document
Effective from 2022-01-01 - Dec 31 2021
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| 23- | In accordance with the Principles of Conduct and Work 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: | |||
| 23-1 | The necessity of demonstrating professionalism, integrity, honesty, and trustworthiness. | |||
| 23-2 | 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. | |||
| 23-3 | 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 Work Ethics in Financial Institutions issued by the central bank. | |||