{"id":16432,"date":"2021-04-06T10:30:13","date_gmt":"2021-04-06T10:30:13","guid":{"rendered":"https:\/\/greendot.com.cy\/transparency-and-accountability\/transparency-of-procedures-and-code-of-ethics\/"},"modified":"2021-06-14T09:40:06","modified_gmt":"2021-06-14T09:40:06","slug":"transparency-of-procedures-and-code-of-ethics","status":"publish","type":"page","link":"https:\/\/greendot.com.cy\/en\/transparency-and-accountability\/transparency-of-procedures-and-code-of-ethics\/","title":{"rendered":"Transparency \u2013 Accountability"},"content":{"rendered":"<p><div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-1 fusion-flex-container nonhundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-flex-wrap:wrap;\" ><div class=\"fusion-builder-row fusion-row fusion-flex-align-items-center fusion-flex-content-wrap\" style=\"max-width:1331.2px;margin-left: calc(-4% \/ 2 );margin-right: calc(-4% \/ 2 );\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-0 fusion_builder_column_1_2 1_2 fusion-flex-column\" style=\"--awb-bg-size:cover;--awb-width-large:50%;--awb-margin-top-large:10px;--awb-spacing-right-large:3.84%;--awb-margin-bottom-large:10px;--awb-spacing-left-large:3.84%;--awb-width-medium:100%;--awb-order-medium:0;--awb-spacing-right-medium:1.92%;--awb-spacing-left-medium:1.92%;--awb-width-small:100%;--awb-order-small:0;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-title title fusion-title-1 fusion-sep-none fusion-title-text fusion-title-size-three\" style=\"--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:20px;--awb-margin-left-small:0px;\"><h3 class=\"fusion-title-heading title-heading-left fusion-responsive-typography-calculated\" style=\"margin:0;--fontSize:24;line-height:1.4;\">Transparency in all our procedures<\/h3><\/div><div class=\"fusion-separator\" style=\"align-self: flex-start;margin-right:auto;margin-bottom:30px;width:100%;max-width:200px;\"><div class=\"fusion-separator-border sep-single sep-solid\" style=\"--awb-height:20px;--awb-amount:20px;--awb-sep-color:#8bc34a;border-color:#8bc34a;border-top-width:3px;\"><\/div><\/div><div class=\"fusion-text fusion-text-1\"><p>At Green Dot, we believe that transparency and open communication between management, employees and shareholders are key to achieving our goals.<\/p>\n<p>Consistent with this principle, we are constantly developing structures and mechanisms that allow us to <strong>communicate<\/strong>, to <strong>share<\/strong>, to <strong>participate<\/strong>.<\/p>\n<\/div><\/div><\/div><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-1 fusion_builder_column_1_2 1_2 fusion-flex-column\" style=\"--awb-bg-size:cover;--awb-width-large:50%;--awb-margin-top-large:10px;--awb-spacing-right-large:3.84%;--awb-margin-bottom-large:10px;--awb-spacing-left-large:3.84%;--awb-width-medium:100%;--awb-order-medium:0;--awb-spacing-right-medium:1.92%;--awb-spacing-left-medium:1.92%;--awb-width-small:100%;--awb-order-small:0;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-text fusion-text-2 fusion-text-no-margin\" style=\"--awb-margin-bottom:0px;\"><p><img decoding=\"async\" class=\"alignnone size-fusion600\" style=\"border-radius: 8px 8px 8px 68px;\" src=\"https:\/\/greendot.com.cy\/wp-content\/uploads\/pic01-transparency-of-procedures.jpg\" \/><\/p>\n<\/div><\/div><\/div><\/div><\/div><div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-2 fusion-flex-container nonhundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-flex-wrap:wrap;\" ><div class=\"fusion-builder-row fusion-row fusion-flex-align-items-center fusion-flex-content-wrap\" style=\"max-width:1331.2px;margin-left: calc(-4% \/ 2 );margin-right: calc(-4% \/ 2 );\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-2 fusion_builder_column_1_2 1_2 fusion-flex-column\" style=\"--awb-bg-size:cover;--awb-width-large:50%;--awb-margin-top-large:10px;--awb-spacing-right-large:3.84%;--awb-margin-bottom-large:10px;--awb-spacing-left-large:3.84%;--awb-width-medium:100%;--awb-order-medium:0;--awb-spacing-right-medium:1.92%;--awb-spacing-left-medium:1.92%;--awb-width-small:100%;--awb-order-small:0;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-text fusion-text-3 fusion-text-no-margin\" style=\"--awb-margin-bottom:0px;\"><p><img decoding=\"async\" class=\"alignnone size-fusion600\" style=\"border-radius: 8px 68px 68px 8px;\" src=\"https:\/\/greendot.com.cy\/wp-content\/uploads\/pic02-transparency-of-procedures-and-code-of-ethics.jpg\" \/><\/p>\n<\/div><\/div><\/div><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-3 fusion_builder_column_1_2 1_2 fusion-flex-column\" style=\"--awb-bg-size:cover;--awb-width-large:50%;--awb-margin-top-large:10px;--awb-spacing-right-large:3.84%;--awb-margin-bottom-large:10px;--awb-spacing-left-large:3.84%;--awb-width-medium:100%;--awb-order-medium:0;--awb-spacing-right-medium:1.92%;--awb-spacing-left-medium:1.92%;--awb-width-small:100%;--awb-order-small:0;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-title title fusion-title-2 fusion-sep-none fusion-title-text fusion-title-size-three\" style=\"--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:20px;--awb-margin-left-small:0px;\"><h3 class=\"fusion-title-heading title-heading-left fusion-responsive-typography-calculated\" style=\"margin:0;--fontSize:24;line-height:1.4;\">Code of Business Ethics<\/h3><\/div><div class=\"fusion-separator\" style=\"align-self: flex-start;margin-right:auto;margin-bottom:30px;width:100%;max-width:200px;\"><div class=\"fusion-separator-border sep-single sep-solid\" style=\"--awb-height:20px;--awb-amount:20px;--awb-sep-color:#8bc34a;border-color:#8bc34a;border-top-width:3px;\"><\/div><\/div><div class=\"fusion-text fusion-text-4\"><p>Ensuring transparency and preventing corruption in all our activities is an essential issue for us. Thus, we apply the <a class=\"fusion-modal-text-link\" data-toggle=\"modal\" data-target=\".fusion-modal.modal1\" href=\"#\">Code of Business Ethics<\/a>. This Code includes all the principles and rules that guide our internal processes, but also our relations with our partners and state authorities. Management, executives, shareholders and employees are all committed to enforcing these rules. In addition, we extend the validity of the Code to our partners. To read the Code of Business Ethics <a class=\"fusion-modal-text-link\" data-toggle=\"modal\" data-target=\".fusion-modal.modal1\" href=\"#\">click here<\/a>.<\/p>\n<\/div><\/div><\/div><\/div><\/div><div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-3 fusion-flex-container nonhundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-flex-wrap:wrap;\" ><div class=\"fusion-builder-row fusion-row fusion-flex-align-items-flex-start fusion-flex-content-wrap\" style=\"max-width:1331.2px;margin-left: calc(-4% \/ 2 );margin-right: calc(-4% \/ 2 );\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-4 fusion_builder_column_1_1 1_1 fusion-flex-column\" style=\"--awb-bg-size:cover;--awb-width-large:100%;--awb-margin-top-large:10px;--awb-spacing-right-large:1.92%;--awb-margin-bottom-large:10px;--awb-spacing-left-large:1.92%;--awb-width-medium:100%;--awb-order-medium:0;--awb-spacing-right-medium:1.92%;--awb-spacing-left-medium:1.92%;--awb-width-small:100%;--awb-order-small:0;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-modal modal fade modal-1 modal1\" tabindex=\"-1\" role=\"dialog\" aria-labelledby=\"modal-heading-1\" aria-hidden=\"true\" style=\"--awb-border-color:#e7e4e2;--awb-background:#faf9f8;\"><div class=\"modal-dialog modal-lg\" role=\"document\"><div class=\"modal-content fusion-modal-content\"><div class=\"modal-header\"><button class=\"close\" type=\"button\" data-dismiss=\"modal\" aria-hidden=\"true\" aria-label=\"Close\">&times;<\/button><h3 class=\"modal-title\" id=\"modal-heading-1\" data-dismiss=\"modal\" aria-hidden=\"true\">Code of Conduct<\/h3><\/div><div class=\"modal-body fusion-clearfix\">\n<div class=\"modal-body fusion-clearfix\">\n<p>This Code of Conduct is addressed to and is binding for all directors, managers and employees of Green Dot Cyprus.<\/p>\n<ol>\n<li><strong>Scope of application<\/strong><\/li>\n<\/ol>\n<p>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.<\/p>\n<ol start=\"2\">\n<li><strong>Basic Principles<\/strong><\/li>\n<\/ol>\n<p>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\u2019s 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.<\/p>\n<ol start=\"3\">\n<li><strong>Conflict of Interest<\/strong><\/li>\n<\/ol>\n<p>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\u00a0particularly 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.<\/p>\n<ol start=\"4\">\n<li><strong>Bribes or kickbacks<\/strong><\/li>\n<\/ol>\n<p>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.<\/p>\n<ol start=\"5\">\n<li><strong>Confidentiality<\/strong><\/li>\n<\/ol>\n<p>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 &#8211; whether it is on behalf of our company or any of our clients or affiliates &#8211; 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.<\/p>\n<ol start=\"6\">\n<li><strong>Transparency<\/strong><\/li>\n<\/ol>\n<p>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.<\/p>\n<ol start=\"7\">\n<li><strong>Reporting Standards<\/strong><\/li>\n<\/ol>\n<p>Directors, managers and employees will seek to report all information accurately and honestly, and as otherwise required by applicable reporting requirements.<\/p>\n<ol start=\"8\">\n<li><strong>Competition<\/strong><\/li>\n<\/ol>\n<p>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.<\/p>\n<ol start=\"9\">\n<li><strong>Balanced life<\/strong><\/li>\n<\/ol>\n<p>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.<\/p>\n<ol start=\"10\">\n<li><strong>Disclosure<\/strong><\/li>\n<\/ol>\n<p>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.<\/p>\n<ol start=\"11\">\n<li><strong>Equal Opportunity Employment and Fair Practices<\/strong><\/li>\n<\/ol>\n<p>Directors, managers and employees will obey all Equal Opportunity laws and act with respect and responsibility towards others in all their dealings.<\/p>\n<ol start=\"12\">\n<li><strong>Violation of the Code of Conduct<\/strong><\/li>\n<\/ol>\n<p>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.<\/p>\n<ol start=\"13\">\n<li><strong>Code of Conduct Committee<\/strong><\/li>\n<\/ol>\n<p>A Code of Conduct Committee, comprised of the Executive Committee members will be responsible for the enforcement of this Code.<\/p>\n<\/div>\n<\/div><div class=\"modal-footer\"><button class=\"fusion-button button-default button-medium button default medium\" type=\"button\" data-dismiss=\"modal\">Close<\/button><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/p>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":0,"parent":16380,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"100-width.php","meta":{"footnotes":""},"class_list":["post-16432","page","type-page","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - 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