Our policies and codes support sound governance, high standards of business conduct and ethical behaviour (for both the Board of Directors and staff), as well as effective accountability. The policies are reviewed regularly by the board of directors and revised as required. Key policies include:
Directors are subject to strict rules governing conflicts of interest and each must make an annual report in relation to
CDIC's Conflict of Interest Code and a declaration pursuant to International Financial Reporting Standards (see
CDIC's Annual Report).
In addition to the above key policies, the President and CEO must adhere to additional obligations outlined in the Office of the Superintendent of Financial Institutions Act, including an absolute prohibition on the ownership of shares in any
CDIC member institution.