Download Code of Conduct for CILEx Regulation Board Members: Ethics and Accountability and more Schemes and Mind Maps Law in PDF only on Docsity! Code of Conduct for Board members As a member of the Board, I promise to abide by the fundamental values that underpin this organisation. These are: Accountability Everything CILEx Regulation does will be able to stand the test of scrutiny by the public, the media, regulators, CILEx and its members, other stakeholders, and the courts. Integrity and honesty These will be the hallmarks of all conduct when dealing with colleagues within CILEx Regulation and CILEx and equally when dealing with individuals and institutions outside it. Transparency CILEx Regulation strives to maintain an atmosphere of openness throughout the organisation to promote confidence of the public, consumers, stakeholders, staff, regulators and Parliament. The Nolan 7 Principles of Public Life 1. Selflessness Holders of public office should take decisions solely in terms of the public interest. They should not do so in order to gain financial or other material benefits for themselves, their family, or their friends. 2. Integrity Holders of public office should not place themselves under any financial or other obligation to outside individuals or organisations that might influence them in the performance of their official duties. 3. Objectivity In carrying out public business, including making public appointments, awarding contracts, or recommending individuals for rewards and benefits, holders of public office should make choices on merit. 4. Accountability Holders of public office are accountable for their decisions and actions to the public and must submit themselves to whatever scrutiny is appropriate to their office. 5. Openness Holders of public office should be as open as possible about all the decisions and actions that they take. They should give reasons for their decisions and restrict information only when the wider public interest clearly demands. 6. Honesty Holders of public office have a duty to declare any private interests relating to their public duties and to take steps to resolve any conflicts arising in a way that protects the public interest. 7. Leadership Holders of public office should promote and support these principles by leadership and example. Additionally, I agree to the following: Law, mission, policies • I will endeavour not to break the law or company regulations in any aspect of my role as a Board member. • I will support any mission developed by the Board and consider myself its guardian. • I will abide by organisational policies. Handling conflicts of interest • I will always strive to act in good faith and in the best interests of the organisation. • I will complete an annual return for the organisation’s register of interests and ensure that it is kept up to date if there are any changes in year. Where I have an interest where it is reasonably likely during my tenure that a conflict could arise, I will provide a fuller explanation of the interest, to assist with managing the potential conflict. • I will declare any conflict of interest, or any circumstance that might be viewed by others as a conflict of interest, as soon as it arises. • I will follow the guidance on conflicts of interest contained within Standing Orders. • I will inform the Chair, as soon as is practicable, if I am considering or actively seeking other work or roles which may be perceived either as having a potential conflict of interest, or as in competition with CILEx Regulation, and will submit to his/her judgement on what action will be appropriate. If necessary, the Chair will keep such conversations confidential. • Where I have a direct pecuniary interest, either particular to me, or where a member of my family may have a direct pecuniary interest, I will declare it at the start of the meeting, or as soon as I realise there may be a conflict and will submit to the judgement of the Chair and the Board on whether I take part in the discussion and decision.
