ECCB 2018-2019 Annual Report and Statement of Accounts

CORPORATE GOVERNANCE

Code of Conduct The Bank’s overriding code of conduct is encapsulated in its value statement as follows: “The Bank values a results-focused approach in delivering timely, relevant and high quality output for the benefit of the people of the ECCU.” The behaviour of management and staff is governed by various policy documents including: ƒ ƒ The Eastern Caribbean Central Bank Corporate Governance Charter ƒ ƒ Flexi-time and Punctuality Policy

ƒ ƒ Conflict of Interest Policy ƒ ƒ Media Relations Policy ƒ ƒ Information Systems and Security Policy ƒ ƒ Eastern Caribbean Central Bank Staff Regulations ƒ ƒ Training and Staff Development Policy ƒ ƒ The ECCB’s Guide – Protocol, Diplomacy and Etiquette ƒ ƒ The ECCB’s Guide – Effective Communication ƒ ƒ The ECCB’s Guide – Successful Meetings and Events Management

ƒ ƒ Energy Management Policy ƒ ƒ Compensatory Leave Policy

ƒ ƒ Financial Regulation ƒ ƒ Procurement Policy

Human Resource Management The Bank is governed by the labour codes and laws of each of its participating member territories. The oversight of the Bank’s human resources is delegated to the Human Resource Department. The management of human resources is informed by polices and guidelines which conform to international conventions and standards pertaining to human rights, equal employment opportunity and working conditions. The Internal Audit Department helps to maintain the integrity of the human resource management process by ensuring that the Bank complies with stipulated policies and procedures. Relationship With Stakeholders Stakeholder Involvement The Bank continues to engage its stakeholders through a number of scheduled networking meetings and consultative fora which provide the avenue for productive engagement on an array of issues that are of interest to the currency union. The ECCB remained connected with its stakeholders through a variety of media over the year, in order to enhance the awareness and involvement of the people of the region in relevant economic and financial matters.

44 | EASTERN CARIBBEAN CENTRAL BANK ANNUAL REPORT 2018/2019