This Code of Conduct is addressed to and is binding for all directors, managers and employees of Green Dot Cyprus.
1. Scope of application
This Code of Conduct gives guidance to and sets ethical conventions, standards and benchmarks for directors, managers and employees of the company when exercising their functions in their respective capacity.
2. Basic Principles
Green Dot Cyprus will conduct its business honestly and ethically wherever it operates. Directors, managers and employees of the company will constantly improve the quality and cost-effectiveness of our services, products and operations and will create and safeguard a reputation for honesty, fairness, respect, responsibility, integrity, trust and sound business judgment. No illegal or unethical conduct on the part of directors, managers and employees or affiliates is in the company’s best interest. Green Dot Cyprus will not compromise its principles for short-term advantage. The ethical performance of this company is the sum of the ethics of the men and women who work for the organisation. Thus, they are all expected to adhere to high standards of personal integrity.
3. Conflict of Interest
Directors, managers and employees of the company must never permit their personal interests to conflict, or appear to conflict, with the interests of the company, its shareholders, members or affiliates. Directors, managers and employees must be particularly careful to avoid representing Green Dot Cyprus in any transaction with others with whom there is any outside business affiliation or relationship. Directors, managers and employees shall avoid using their company contacts to advance their private business or personal interests at the expense of the company, its clients or affiliates.
4. Bribes or kickbacks
No bribes, kickbacks or other similar remuneration or consideration shall be given to any person or organization in order to attract or influence business activity. Directors, managers and employees shall avoid gifts, gratuities, fees, bonuses or excessive entertainment, in order to attract or influence business activity.
Directors, managers and employees of Green Dot Cyprus will come into contact with, or have possession of proprietary, confidential or business-sensitive information and must take appropriate steps to ensure that such information is strictly safeguarded. This information - whether it is on behalf of our company or any of our clients or affiliates - could include strategic business plans, operating results, marketing strategies, customer lists, personnel lists, personnel records, upcoming acquisitions and divestitures, new investments, and manufacturing costs, processes and methods. Proprietary, confidential and sensitive business information about this company, other companies, individuals and entities should be treated with sensitivity and discretion and only be disseminated on a need-to- know basis.
Notwithstanding the Provisions of article 5, pertaining to confidentiality, Green Dot Cyprus will be transparent about its cost and revenue structures as well as its activities in general.
7. Reporting Standards
Directors, managers and employees will seek to report all information accurately and honestly, and as otherwise required by applicable reporting requirements.
Directors, managers and employees will refrain from gathering competitor intelligence by illegitimate means and refrain from acting on knowledge which has been gathered in such a manner. The directors, managers and employees of Green Dot Cyprus will seek to avoid exaggerating or disparaging comparisons of the services and competence of their competitors.
9. Balanced life
Directors, managers and employees will remain personally balanced so that their personal life will not interfere with their ability to deliver quality products or services to the company and its clients.
Directors, managers and employees agree to disclose unethical, dishonest, fraudulent and illegal behaviour, or the violation of company policies and procedures, directly to the Code of Conduct Committee and subsequently to the Board of Directors.
11. Equal Opportunity Employment and Fair Practices
Directors, managers and employees will obey all Equal Opportunity laws and act with respect and responsibility towards others in all their dealings.
12. Violation of the Code of Conduct
Violation of this Code of Conduct can result in disciplinary action as decided by the Board of Directors, in those cases pertaining to serious violations, including possible termination. The degree of discipline relates in part to whether there was a voluntary disclosure of any ethical violation and whether or not the violator cooperated in any subsequent investigation.
13. Code of Conduct Committee
A Code of Conduct Committee, comprised of the Executive Committee members will be responsible for the enforcement of this Code.
This Code of Conduct shall be uploaded on the Green Dot Cyprus website.
Good ethics is Good business.
Signatories: Directors, managers and employees of Green Dot Cyprus