The Central Bank of the Republic of Guinea has published its 2026 Code of Ethics and Professional Conduct, setting requirements on conflicts of interest, personal investments, gifts and employment after leaving the bank. It applies to management and staff and sets standards for partners, service providers and suppliers in their dealings with the bank. Approved by the board on Sept. 26, 2025, the code replaces the version adopted in December 2013. All staff must declare actual, potential or apparent conflicts of interest, with additional declarations required for procurement, audit and inspection assignments. Officials and staff designated as holding sensitive roles must disclose relevant securities accounts and portfolios within 30 days of designation, then annually before Jan. 31 using positions as of Dec. 31. Senior officials on List A are prohibited from acquiring equity and debt securities issued by supervised entities or their parents, subsidiaries and affiliates. Exemptions cover investments through professional portfolio management mandates or collective investment schemes. Bank certificates of deposit and cash bonds fall outside these securities restrictions. All staff are prohibited from using sensitive information for personal gain or enabling others to benefit from it. Supplier gifts and invitations without a professional purpose must be refused. Gifts that cannot be refused or returned must be registered and referred for a decision on their use. Staff in sensitive roles moving to supervised institutions or businesses dealing with the bank must observe a three-month waiting period, which the governor may shorten after consulting the Ethics and Professional Conduct Committee. Staff pursuing relevant outside employment must stop handling matters involving the prospective employer once concrete contacts begin and disclose offers presenting conflicts. The committee, chaired by the auditor general, assesses ethics cases and refers established breaches to the Disciplinary Council. Staff must report misconduct, while those reporting in good faith are protected against sanctions and retaliation. Violations of the code are subject to disciplinary sanctions under the staff regulations.
Central Bank of the Republic of Guinea publishes ethics code with securities restrictions and staff disclosure requirements
The Central Bank of the Republic of Guinea has published its 2026 ethics code, setting conduct requirements for staff and standards for external counterparties dealing with the bank. Staff in sensitive roles face securities disclosure duties, while designated senior officials face investment restrictions and relevant moves to outside employers require a three-month waiting period, subject to possible reduction. The code also requires conflict declarations and refusal of supplier gifts, with committee oversight, disciplinary referrals and protection for reporting in good faith.