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<h1>Code of Ethics Enhances Standards for Depositories: Promotes Fairness, Transparency, and Avoids Conflicts of Interest for Directors and Management.</h1> The Code of Ethics for directors and key management personnel of depositories aims to enhance professional and ethical standards, fostering investor confidence. It emphasizes fairness, transparency, compliance with laws, and avoiding conflicts of interest. An ethics committee oversees its implementation. Directors and key management must promote ethical awareness, maintain high commercial standards, and avoid using their positions for personal gain. They must disclose securities dealings and potential conflicts of interest. The Code restricts their involvement in daily operations and mandates confidentiality of sensitive information. Procedures for implementation and reporting are established by the ethics committee, with compliance overseen by a designated officer.