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Title 12: Banks and Banking
CHAPTER XVII: OFFICE OF FEDERAL HOUSING ENTERPRISE OVERSIGHT, DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
SUBCHAPTER C: SAFETY AND SOUNDNESS
PART 1710: CORPORATE GOVERNANCE
Subpart B: Corporate Practices and Procedures
1710.14 - Code of conduct and ethics.
(a) General. An Enterprise shall establish and administer a written code of conduct and ethics that is reasonably designed to assure the ability of board members, executive officers, and employees of the Enterprise to discharge their duties and responsibilities, on behalf of the Enterprise, in an objective and impartial manner, and that includes standards required under section 406 of the SOA, as amended from time to time, and other applicable laws, rules, and regulations.
(b) Review. Not less than once every three years, an Enterprise shall review the adequacy of its code of conduct and ethics for consistency with practices appropriate to the Enterprise and make any appropriate revisions to such code.
[70 FR 17311, Apr. 6, 2005]
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