Integrity and Ethics

Integrity and Ethics Policy

ICA manages, among other things, internal mechanisms and procedures for the:

(a)      reinforcement of a culture that promotes institutional integrity (typically referred to as Integrity or INT) and ethics within the Bank using mechanisms that are appropriately scaled to the Bank’s operating environment, needs, size, risks and resources;

(b)      proactive mitigation of integrity risks and the Bank’s vulnerability to integrity risks that may arise in the Bank’s internal systems and external operations, particularly from staff-related conduct and external client-related conduct, the manifestation of which risks may damage the Bank’s reputation, and give rise to financial losses;

(c)      receipt and handling of complaints that allege integrity violations and ethics violations;

(d)      prevention and detection of integrity violations and ethics violations;

(e)      investigation of integrity violations and ethics violations;

(f)      making of recommendations for the imposition of sanctions on persons determined by investigation findings to have violated the Bank’s policies and procedures;

(g)      enforcement and monitoring of sanctions imposed on persons found to have committed integrity violations and against whom a sanction has been imposed by the Bank;

(h)      adoption of relevant international best practices for the promotion of integrity and ethics, appropriately scaled to the Bank’s operating environment, needs, size, risks and resources; and

(i)       training and awareness about integrity and ethics.