Code of Ethics
AgGeorgia Farm Credit (Association) and its employees, officers, and directors have committed to conduct business in accordance with the high ethical standards set forth in the Association’s Standards of Conduct Policy, which is applicable to all employees, officers, and directors and which relates to ethical conduct, conflicts of interest, and compliance with the law and other guidance.
This Code of Ethics applies to all Association employees, officers, and directors. The Association is responsible for the preparation and distribution of its financial statements and related disclosures and for providing relevant information that is true, accurate, and complete to the Funding Corporation for use in preparing the Farm Credit System financial statements and related disclosures. The Association expects all of its employees, officers, and directors to act in accordance with the highest standards of personal and professional integrity in all aspects of their activities, to comply with all applicable laws, rules, and guidance, to deter wrongdoing, and to abide by its Standards of Conduct Policy and other policies and procedures adopted by the Association that govern the conduct of its employees, officers, and directors and which make up the Association’s Standards of Conduct Program. This Code of Ethics is intended to supplement and be construed as part of the Association’s Standards of Conduct Policy and Standards of Conduct Program.
You agree to:
- Promote and maintain high ethical standards, including high standards of care, honesty, integrity, and fairness;
- Act in the best interest of the Association and preserve the reputation of the Association and the public’s confidence in the Farm Credit System;
- Exercise diligence and good business judgment in carrying out official duties and responsibilities;
- Fulfill any fiduciary duties you owe to the Association and its stockholders;
- Report to the Standards of Conduct Official conflicts of interest and circumstances or transactions that are required to be disclosed, including conflicts of interest and circumstances or transactions that have the appearance of creating a conflict of interest involving yourself, your family, or your reportable business entity or that could reasonably be expected to give rise to a conflict;
- Work with the Standards of Conduct Official to identify actual or potential conflicts of interest and to resolve reported conflicts of interest and appearances of conflicts of interest and avoid conflicts of interest, self dealing, and acceptance of gifts or favors that may be deemed as offered, or have the appearance of being offered, to influence official actions or decisions;
- Comply with the Association’s Standards of Conduct Policy, Standards of Conduct Program, and Code of Ethics and all applicable laws, Association guidance, and regulatory requirements and avoid prohibited conduct;
- Timely report to the Standards of Conduct Official, or use the Association’s anonymous reporting hotline, any known or suspected violation of the Association’s Standards of Conduct Program, including the Code of Ethics, any known or suspected instance of fraud, corruption, or operational weakness (including any known or suspected incident relating to the accounting, internal controls, or auditing matters of the Association), any known or suspected activity by a person affiliated with the Association that is suspected to be illegal or unethical, and any other known or suspected violation of law or Association guidance;
- Take all reasonable measures to protect the confidentiality of non-public information about the Association and its customers obtained or created in connection with the Association’s activities and to prevent the unauthorized disclosure of this information unless required by applicable law or legal or regulatory process;
- Produce full, fair, accurate, timely, and understandable disclosures in Association reports and documents filed with, or submitted to, the Farm Credit Administration, in information provided to the Funding Corporation, and in other public communications made by the Association.
You are prohibited from directly or indirectly taking any action to fraudulently influence, coerce, manipulate, or mislead the Association’s independent public accountant for the purpose of rendering the financial statements of the Association misleading.
You understand that you will be held accountable for adherence to the Code of Ethics. Your failure to observe the Code of Ethics may result in disciplinary action, up to and including termination of employment or removal from service, if and as applicable. Violations of the Code of Ethics may also constitute violations of law and may result in civil and criminal penalties for you, your supervisors, or the Association.
If you chose to report anonymously, please report any possible violation of this Code of Ethics by either:
The reporting system is an anonymous ethics and compliance hotline for all employees, officers, and directors of the Association. Employee, officer, and director complaints and other submissions are subject to the Association’s policies and procedures and other applicable guidance.
The reporting system also provides an externally-facing reporting system for other persons, such as vendors, independent contractors, customers, suppliers, service providers, and other parties with whom the Association conducts its business.
Any individual who engages the reporting system may remain anonymous when making a good faith report under the Association’s policies or procedures (including the Standards of Conduct Manual) through the reporting system to the extent permitted by law or as otherwise appropriate.