Code of Conduct: board governance mandates risk management, independence, disclosure and conflict of interest controls in securities oversight.

The Code requires the governing board to oversee strategy, resource allocation, succession planning and critical operations, establish and approve a risk appetite framework with quantitative metrics and zero-tolerance areas, and ensure independence and direct access for regulatory and control functions. It mandates a three lines of defense, clear management responsibilities, periodic review of products and services for compliance and risk, confidential access procedures, and provisions to prevent misuse of position while imposing disclosure, confidentiality, conflict-of-interest and securities-dealing obligations on directors, committee members and key management personnel.

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