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Amber O’Connor
Assignment 4.2.1
Ethics Policy for a Savings and Loan
The purpose of this anti-fraud and ethics policy is to provide a policy in writing that expresses
the bank’s commitment to protecting the bank’s revenue, property, reputation as well as other
assets, to emphasize the bank’s need for accurate financial reporting as well as to establish
guidelines for handling and investigating all allegations of fraud should they occur. This policy
applies to all officers and employees of the bank.
In order to fully understand this policy fraud must be defined. In the terms of the bank fraud
becomes an act of deception, forgery, bribery, extortion, theft, misappropriation, false
representation, embezzlement, or the intentional concealment of or omission of material fact in
regards to financial matters. The three broad activities that this policy may cover are
misappropriation of assets, fraudulent financial reporting and expenditures and liabilities for
improper purposes.
Provision 1
