Code of Conduct

Code of Conduct

Banco Central de Timor Leste carvalho@goweb.pt
O Banco Central de Timor-Leste tem por objectivo principal alcançar e manter a estabilidade interna dos preços. • Banco Central de Timor-Leste • O Banco Central de Timor-Leste tem por objectivo principal alcançar e manter a estabilidade interna dos preços.
1. All persons who have contractual obligations with the CBTL shall at all times adhere to the policies set out in the following:

(a). Employees of the CBTL shall carry out their duties and conduct themselves solely with the interests of the public and the CBTL in mind; they shall neither seek nor take instructions from any parties including from government agencies, financial institutions, or person outside the CBTL.

(b). Employees of the CBTL shall exercise honesty and diligence in the performance of their duties and responsibilities.

(c). Employees of the CBTL shall exercise loyalty in all matters pertaining to the affairs of the CBTL and shall satisfy theirself that every proposed activity is legal and proper.

(d). Employees of the CBTL shall refrain from engaging in acts or activities which may result in damage to the reputation of the CBTL.

(e). Employees of the CBTL shall ensure that at all times comply with the laws and regulations of Timor- Leste and the policies of the CBTL.

(f). Employees of the CBTL shall refrain from entering into any activity which may be in conflict with the interest of the CBTL or which would prejudice their ability to carry out duties and responsibilities.

(g). Employees of the CBTL shall avoid engaging in activities that may result in harm to other persons.

(h). Employees of the CBTL shall ensure that the public interest is taken into account when developing any CBTL rule, regulation, guideline or procedure.

(i). Employees of the CBTL shall refrain from accepting anything of value from an employee, client, customer, supplier, or business associate of the CBTL other than items procured in the normal course of business.

(j). Employees of the CBTL shall avoid using confidential information for any personal gain or for any manner which would be contrary to law or detrimental to the welfare of the CBTL.

(k). Employees of the CBTL shall avoid in practices such as betting, gambling and speculative activities to an extend which may be deemed imprudent or which may cause embarrassment to the CBTL.

(l). Employees of the CBTL are required to report any suspected fraud or contravention of the CBTL approved policies to the Internal Audit Manager as required in the CBTL Fraud Control Plan.

(m). Employees of the CBTL shall refrain from removing computer data from the CBTL premises except when specifically authorized to do so.

(n). Employees of the CBTL shall follow equitable employment practices by promoting equal employment opportunities, following non-discriminatory behavior when engaging in the recruitment, evaluation, or dismissal of employee and refraining from any form of sexual harassment.

2. Details on the Code of Conduct shall be laid down in a different instrument approved by the Governing Board.

3. Employees who contravene the requirements established in this Article may be subject to disciplinary proceedings and serious breaches against the requirements, including repeated minor offences may result in severe disciplinary action including termination of contract as stipulated in Chapter V of this Decision.
Back on top