The Federal Deposit Insurance Corporation (FDIC)’s Financial Institution Letter in 2005 titled “Guidance on Implementing an Effective Ethics Program” (see www.fdic.gov/news
/news/financial/2005/fil10505.pdf or www.fdic.gov/news/news/financial/2005/fil10505a.html) reminds “financial institutions of the importance of written standards to promote honest and ethical conduct, compliance with applicable rules and regulations, and accountability in adhering to a corporate code of conduct or ethics policy.”

Components of the ethics policy include an Ethics Code, Ethics Training, and an Ethics Hotline.

(Also see “Guidelines for Compliance with the Federal Bank Bribery Law”,www.fdic.gov/regulations/laws/rules/5000-2300.html)