regulatory and compliance issues and considerations
regulatory and compliance issues and considerations
regulatory and compliance issues and considerations
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
Introductory Notes:<br />
Knowing if you are Covered by Sarbanes-Oxley,<br />
Ethics, NCUA Letter 03-FCU-07 <strong>and</strong> the Risks of not<br />
being Covered<br />
REMINDERS FROM PART I – SET THE BOARD (SO TO<br />
SPEAK):<br />
ETHICS AND REGULATORY GUIDELINES<br />
CONFLICT OF INTEREST/CODE OF ETHICS POLICY - SAMPLE<br />
Initial Recommendations: (1) Each Credit Union should review <strong>and</strong> assess<br />
this item carefully <strong>and</strong> revise as applicable; (2) Each Credit Union should have<br />
the matter reviewed by a qualified employment lawyer in each state in which it<br />
has employees, <strong>and</strong> revise as needed; <strong>and</strong> (3) each Cu should consider the<br />
need to involve legal counsel promptly whenever <strong>issues</strong> arise under this<br />
Policy.<br />
Copyright©1994-2010 by Credit Union Resources & Educational Services, LLC. All rights reserved.<br />
Revised February 2010<br />
3