CODE OF CONDUCT
1. ApplicabilityThis code of conduct applies to all members of ATEB. Members should accept their personal duty to uphold the reputation of the profession and not take any action which could bring the profession into disrepute. In addition, every member has a professional and collegiate relationship with his fellow members. of ATEB. It is the responsibility of anyone that becomes aware of any breach of this code of conduct by another member, to notify any ATEB board member. Breaches of the code of conduct may also be brought to the attention of the board by others who are not members of ATEB . Based on the facts, the The Board will decide meet in a timely fashion to establish the facts. Ifwhether there effectively is a a breach as well as the severity of the breach. Depending on their Breaches according to their severity, breaches may lead to either temporary or permanent membership suspension The (period is left to the discretion of the Board. For the avoidance of doubt any masculine pronouns are intended to refer to members of either sexgender..
2. Introduction/ MissionThe objective of setting up a code of conduct is to provide a framework of rules/references which assure corporate treasury professionals act in accordance with the highest professional standards. This code of conduct should also help the international community of treasurers to speak with one voice and share their values with internal and external business partners and promote high standards of practice. The values shared in this document should help the reader to identify and prevent conflicts of interest and unacceptable behaviours. It should also give newcomers guidance on how to feel at ease within the treasury world, and should provide benchmarks for members to use for self-evaluation. On top of values that are generally promoted by corporates, we consider that some additional values should be part of the treasurer’s genesespecially apply to the treasury profession. These values should not interfere with corporate ethics nor with any local law and practice.
The treasurer values are:
Honesty / Integrity / Trust / ProbityWe refer here to the practice of telling the truth in all circumstances and in a consistent way without omitting to disclose information when available or misrepresenting positions of your community and/or your company. Members should be responsible for using resources adequately, safeguarding assets, demonstratingand demonstrating loyalty to their company, their business relationships and professional associations and should challenge decisions and/or actions that are believed to be against internal and external customers.
The objective is to create an atmosphere of trust, courtesy and confidence amongst professional partners so that they can work together in partnership; particularly, members will respect and value alternative viewpoints and will seek, accept and offer honest criticisms of work.
All members should uphold standards of integrity and fair dealing required for the honest conduct of business and for the effective functioning of the financial markets.
Independent judgmentHas the meaning of employing sound professional judgement on decisions taken, avoiding conflict with private self-interest. This is also relevant when providing advice on financial or technical subjects and we promote the culture of consultation whenever possible.
CompetenciesThe member is expected to follow technical and professional standards expected of him not only as a member of ATEB but also by virtue of the seniority and responsibility of his position. He should carry out his duties with reasonable care and skill, particularly where his failure to do so could adversely affect members of the public, persons, including bankers, dealing with his employer.
He should favour continuing training and appropriate qualifications to maintain or improve his level of expertise and by doing so, be the leading example for his peers. He will not claim any level of competence that he does not possess.
ConfidentialityThe member will always carry information with the level of confidentiality required by the nature of the information but also with the reserve of prudence devoted to sensitive information. He should also follow any corporate disclosure recommendation as long as these are not in breach with legal requirements. He should refrain from disclosing or using for his own purpose or for some other improper purpose confidential information obtained in the course of his employment, in the performance of his duties or through his membership of the professional association or other information which he knows to be of a confidential nature.
Regulatory complianceThe Member should comply with the laws, regulations and conventions of the countries and markets where the member transacts business, including company law, tax law, exchange control regulations, and regulations to protect the interests of the public dealing in financial and similar markets.
The member should also be in compliance with the codes and rules of other professional bodies to which the member belongs.
The member will also seek to comply with anti-discrimination law applicable in their own countries and at least will apply the principles on peoples’ rights to be treated equally regardless of sexgender, race, ethnicity, nationality, sexuality, religion, age and political views