Deposit Insurance Code Of Ethics Case Study

Satisfactory Essays
The guidelines for code of ethics as established by the Federal Deposit Insurance Corporation (FDIC) develop a guide to encourage management of financial institutions, including the board of directors to spread their message of integrity and ethical values to all those involved with the organization. The suggested policies the FDIC encourage to be developed are: 1. Safeguarding confidential information 2. Ensuring integrity of records 3. Providing candor in dealing with auditors, examiners, and legal counsel 4. Observing applicable laws 5. Avoiding self-dealing and acceptance of gifts or favors 6. Providing strong internal controls over assets
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