Outake: This document is intended to assist members of the Financial Institution Shared Assessments Program and others in using the Agreed Upon Procedures and understanding how they relate to industry regulations, as well as to deepen their understanding of the program.
Compliance and ethics programs serve a critical role in helping to prevent and detect misconduct at and by organizations and to promote ethical business environments. The development and rigorous implementation of effective compliance and ethics programs protects investors, consumers, the business community and the public at large. Compliance and ethics professionals (CEPs) understand that the services we provide require the highest standards of professionalism, integrity and competence. Th e following Code of Ethics expresses the profession's recognition of its responsibilities to the general public, to employers and clients, and to the profession.