1. A member of the Board of Directors shall, upon his appointment, declare his interests, which may conflict with his membership at the Board of Directors. Should any member of the Board of Directors have a personal interest in any contract or dealing to which the Central Bank is party, such member shall disclose such interest prior to the discussion of the subject; withdraw from the meeting when such dealing or contract is discussed, and shall not participate in voting pertaining thereto, in accordance with the code of conduct and governance rules issued by the Board of Directors. 2. Every employee or representative of the Central Bank shall disclose to his manager, or his direct supervisor, any interest which may be in conflict with the discharge of his functions, and he may not participate in exchange of opinions, and decisions or measures, taken in this regard. 3. Every member of the committees and advisory boards formed by the Board of Directors, and the experts, technicians or academics with whom the Central Bank deals, shall disclose any interest that may conflict with the performance of their duties, and none of them may participate in expressing an opinion or taking decisions or actions in this regard, if applicable. 4. The Board of Directors shall establish codes of conduct for employees and representatives of the Central Bank, as well as disclosure procedures, compliance, and governance.
Interpretation and application must be checked against the official text and current version.