This Code of Conduct (Code) for the Board of Directors (Board) of the Caribbean Development Bank (CDB or Bank) has been adopted by the Board to set forth the principles and ethical standards for Directors, Alternate Directors and Temporary Alternate Directors (herein referred to as Directors) in connection with or having a bearing upon their status and responsibilities in the Bank. As Directors are entrusted with responsibilities as prescribed in the Agreement Establishing the Caribbean Development Bank and By-Laws their personal and professional conduct must comply with the standards and procedures set forth herein. The important functions and responsibilities of the office require that Directors meet the highest standards of loyalty, competence and integrity in discharging their duties and be particularly sensitive to the special development needs of the Caribbean.
1. Introduction
2. Application Of This Code
3. Directors’ Responsibilities And Applicable Standards
4. Conflicts Of Interest
5. Gifts And Hospitality
6. Reporting Of Illegal Or Unethical Behaviour And Fraudulent Acts
7. Confidential Information And Disclosure Of Information
8. Relations With Bank Staff And Members Of The Bank’s Governing Bodies
9. Privileges And Immunities
10. Monitoring And Enforcement Of The Code Of Conduct
11. Requests By Directors For Clarification Or Guidance
12. Investigating Allegations Of Misconduct