Standards of Conduct Official.

CFR · 2024-01-01 · US · Title 12

(a) (1) Direct access to the board (or designated board committee) for the purpose of discussing and reporting on matters related to the institution's Standards of Conduct Program and Code of Ethics; (2) Authority to carry out the responsibilities set forth in this section; (3) Accessibility to all directors, employees, and agents of the institution; (4) Legal authority to receive confidential SOC program communications from all directors, employees, and agents of the institution; and (5) Resources adequate for implementing a successful Standards of Conduct Program. (b) (1) Providing guidance and information to directors and employees on conflicts of interest, including aiding in the identification of reportable conflicts of interest and reportable financial interests in accordance with this subpart; (2) Receiving reports required under this subpart from directors, employees, and agents; (3) Receiving from directors and officers the disclosures required under § 620.6(a), (e), and (f) of this chapter for treatment as a supplement to an individual's conflicts of interest report; (4) Reviewing and acting upon all SOC program reports and disclosures, including documenting resolved and unresolved conflicts of interest that are material, and making written determinations on how conflicts of interest will be resolved; (5) Maintaining all SOC program records for the required period of time, including documentation that explains how conflicts are being handled; (6) Conducting investig

official document · source cfr-2024 · id 12:§ 612.2170