Attached files
file | filename |
---|---|
10-K - FORM 10-K - Federal Home Loan Bank of Dallas | d71606e10vk.htm |
EX-3.2 - EX-3.2 - Federal Home Loan Bank of Dallas | d71606exv3w2.htm |
EX-99.1 - EX-99.1 - Federal Home Loan Bank of Dallas | d71606exv99w1.htm |
EX-12.1 - EX-12.1 - Federal Home Loan Bank of Dallas | d71606exv12w1.htm |
EX-31.1 - EX-31.1 - Federal Home Loan Bank of Dallas | d71606exv31w1.htm |
EX-32.1 - EX-32.1 - Federal Home Loan Bank of Dallas | d71606exv32w1.htm |
EX-31.2 - EX-31.2 - Federal Home Loan Bank of Dallas | d71606exv31w2.htm |
EX-99.2 - EX-99.2 - Federal Home Loan Bank of Dallas | d71606exv99w2.htm |
Exhibit 14.1
Code of Ethics
For
Senior Financial Officers
For
Senior Financial Officers
A policy approved by the Board of Directors
Approval date: February 19, 2010
Effective date: May 16, 2003
Approval date: February 19, 2010
Effective date: May 16, 2003
I. Philosophy
The Board of Directors (Board) of Federal Home Loan Bank of Dallas (Bank) has adopted this Code
of Ethics for Senior Financial Officers (Code) to promote honest and ethical conduct, proper
disclosure of financial information in the Banks periodic reports and public disclosures, and
compliance with applicable laws, rules and regulation by the Banks senior officers who have
responsibilities for financial information of the Bank.
The obligations under this Code supplement, but do not replace, either the Code of Conduct and
Ethics applicable to all employees of the Bank or the Conflict of Interest Policy adopted by the
Board of Directors with respect to the Banks Affordable Housing Program.
II. Definitions
Senior Financial Officers means the Banks President, Chief Accounting Officer, Chief Operating
Officer and EVP Finance, and such other officers as the Banks Board of Directors may from time to
time designate.
III. Limits and Controls
Internal Controls and Procedures Disclosure Controls and Procedures
The Bank complies with applicable rules and regulations of the Federal Housing Finance Agency
as well as those promulgated by the Securities and Exchange Commission (SEC) governing
disclosure of financial information and for assuring that press releases and communications
with investors are fair and accurate. To assure this compliance, the Senior Financial
Officers shall:
| Establish and maintain internal controls and procedures and disclosure controls and procedures designed to assure that financial information is recorded, processed, and transmitted to those responsible for preparing periodic reports and other public communications containing financial information so that such reports and communications are complete, accurate and timely. | ||
| Carefully review each period report for accuracy and completeness before it is filed with, or submitted to, the SEC or any other regulatory agency, and carefully review each public communication containing financial information before it is released. |
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| Promptly report to their superiors, and if necessary to effect the purposes of this Code to the Audit Committee of the Board of Directors and the Banks independent auditors, any material weakness in, or concerns regarding, the Banks internal controls and procedures or disclosure controls and procedures. | ||
| At all times comply with, and take all reasonable actions to cause others to comply with, applicable governmental laws, rules and regulations. |
The Audit Committee of the Board of Directors shall approve any waiver under, or amendment
of, this Code, and any such waiver or amendment shall be disclosed promptly to the extent
required by law.
IV. Roles and Responsibilities
The Senior Financial Officers are responsible for:
| carrying out their responsibilities honestly and with integrity, exercising at all times their best independent judgment; and | ||
| assuring full, fair, accurate, timely and understandable disclosure of relevant financial and related information to the Banks member-shareholders and investors in its debt securities. |
In conjunction with these responsibilities, each Senior Financial Officer is responsible to be
knowledgeable regarding this policy, and for providing an annual certification of review and
compliance with the Code. In any case in which a Senior Financial Officer finds himself or herself
with an actual or apparent material conflict of interest, the Senior Financial Officer shall report
it to the Banks General Counsel.
The Banks General Counsel shall investigate any such reported material conflict of interest and
will review the transaction or relationship for possible referral to the Audit Committee of the
Board.
The Audit Committee of the Board shall review and determine how the situations involving a material
conflict of interest should be resolved.
The Director of Human Resources is responsible for obtaining from each senior financial officer an
annual certification that he or she has reviewed the most recent version of this Code, agrees to be
bound by the terms of this Code, and during the preceding year, or since the date of employment for
a newly hired officer, has at all times been in compliance with the requirements of this Code.
V. Compliance
Senior Financial Officers should promptly bring to the attention of the Audit Committee of the
Board of Directors or to the full Board of Directors:
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| any matter that could compromise the integrity of the Banks financial reports; | ||
| any disagreements with respect to any material accounting matter; and | ||
| any violation of this Code or of any law or regulation |
The Audit Committee of the Board of Directors will assess compliance with this Code, report
material violations to the Board of Directors, and recommend to the Board of Directors appropriate
action.
VI. Related Policies
Code of Conduct and Ethics for Employees
Corrective Action
Discharge for Cause
Financial Disclosure
Rules of Conduct
Treatment of Confidential and Proprietary Information
Corrective Action
Discharge for Cause
Financial Disclosure
Rules of Conduct
Treatment of Confidential and Proprietary Information
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