12 CFR 651.2 - Conflict-of-interest policy.
§ 651.2
Conflict-of-interest policy.
The Corporation shall establish and administer a conflict-of-interest policy that will provide reasonable assurance that the directors, officers, employees, and agents of the Corporation discharge their official responsibilities in an objective and impartial manner in furtherance of the interests and statutory purposes of the Corporation. The policy shall, at a minimum:
(a)
Define the types of transactions, relationships, or activities that could reasonably be expected to give rise to potential conflicts of interest.
(b)
Require each director, officer, and employee to report in writing, annually, and at such other times as conflicts may arise, sufficient information about financial interests, transactions, relationships, and activities to inform the Corporation of potential conflicts of interest;
(c)
Require each director, officer, and employee who had no transaction, relationship, or activity required to be reported under paragraph (b) of this section at any time during the year to file a signed statement to that effect;
(d)
Establish guidelines for determining when a potential conflict is material in accordance with this subpart;
Title 12 published on 2012-01-01
no entries appear in the Federal Register after this date.
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